The ownership groups of the Philadelphia 76ers and Flyers announced plans to build a new arena in South Philadelphia that would open in 2031.

The Philadelphia 76ers are staying in South Philadelphia in the latest -- and likely final -- twist in their quest to build a new arena. The Josh Harris-owned 76ers and the NHL's Flyers (owned by Comcast Spectacor) made an announcement Monday morning that the two teams will continue sharing a home in the South Philly Stadium Complex and will build a new arena slated to open by 2031 in a "50-50 joint venture.

After years of debating, two of Philadelphia's major sports teams will have a new arena not too far from their current home. The new arena for the Philadelphia 76ers and Flyers will be in the South Philadelphia Sports Complex,

The Philadelphia 76ers have reportedly scrapped a controversial plan to build a new arena in Center City, according to reports from the Associated

After all the controversy regarding a new arena in Center City, the Philadelphia 76ers are reportedly staying in South Philadelphia. The Sixers have reportedly agreed to a deal with Comcast Spectacor to stay in the South Philadelphia sports district.

On Sunday, it was reported that the Philadelphia 76ers would no longer be moving forward with the downtown arena plan. Despite getting approval to begin working

It is a head-spin development from the fight the 76ers have lodged over the last two years when it sought to build a new arena in Chinatown and close to the city’s center, and as it went to battle with Comcast,

The Philadelphia 76ers will partner with Comcast Spectacor, their current landlord, to build a new arena in South Philadelphia and abandon a deal with the city to move downtown. The stunning ...

The announcement of the new arena, which will be home to the NBA team and NHL's Philadelphia Flyers, comes a day after the 76ers abandoned plans for a $1.3 billion arena in downtown Philadelphia.

The Philadelphia 76ers will partner with Comcast Spectacor ... The team, which shares space with the Philadelphia Flyers of the NHL in an arena owned by Comcast, had said it wanted to own its ...

The team will stay in South Philadelphia, despite recently scoring City Council approval that paved the way for a Center City development.

Philadelphia aims to break its seven-game slide when the Philadelphia 76ers play Cleveland. Friday's matchup is the first this season for the teams.