“HBSE and Comcast will also immediately focus on Market East, bringing together government officials and local stakeholders to develop a variety of options to revitalize a vital neighborhood in Center City where the 76ers had originally proposed locating the arena,” the release read.

In a shocking decision, sources say the Sixers have decided to abandon plans to build a new Sixers arena in Center City, opting to stay in South Philadelphia.

Mayor Cherelle Parker said she supports plans to keep the Sixers basketball team in South Philadelphia, instead of building a new arena in Center City.