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 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.

Plans to build an arena for the Sixers in Center City have fallen through, and the team plans to stay in South Philadelphia, sources close to the negotiations say.

New Jersey had pitched a massive, multibillion-dollar mixed-use development and arena project on the Camden waterfront for the HSBE-owned team that also came along with generous incentives of up to $800 million in tax credits and up to $500 million of special purpose bonds.

The Philadelphia 76ers will partner with Comcast Spectacor to build a new arena in South Philadelphia and abandon a deal to move downtown.

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

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

The Sixers' arena pivot may have been a "curveball," but it's a slam dunk for Philadelphians, per Axios' unofficial poll Tuesday. By the numbers: Nearly 87% of the 426 votes cast view the 76ers' decision to abandon its Center City project for an arena in South Philly as the best move for the city.

Early last year, hundreds of Axios Philadelphia readers told us they favored Comcast Spectacor's plan to redevelop the South Philly sports complex over the Sixers' Center City arena plan. But much has happened since then.