The Phillies announced on Thursday that they are joining Comcast Spectacor on a $2.5 billion development project for the South Philadelphia Sports Complex.
Major renovations are coming to the home of Philadelphia's major sports team thanks to a new partnership."The two organizations will collaborate to make the destination a world-class, live-work-play sports and entertainment district."The project will be completed in two different phases over the next several years.These developments will involve lots between Pattison Avenue and the Wells Fargo Center.
The second, and final phase, will expand north of Pattison Avenue to lots currently controlled by the Phillies from Broad Street to Citizens Bank Park, along with additional development around the Wells Fargo Center.The Phillies say Comcast Spectacor already has development rights for Phase One, and that they will be seeking approvals and rights for Phase Two from the City of Philadelphia.No start dates have been released for either phase, but Phase One is expected to be complete by 2028.
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