According to a report by the Philadelphia Inquirer, the Philadelphia 76ers are prepping to build an 110,000-square-foot practice facility in Camden, New Jersey.
A team re-building their franchise and their brand, they’ve been actively searching the Greater Philadelphia-area for a site to build their own facility. The franchise would move both the practice facility and business operations to the Garden State at Camden’s Waterfront.
Since 1999, the Sixers have been renting space in West Philly at Philadelphia College of Osteopathic Medicine. With the draw to huge tax breaks that legislation recently approved in Camden, the move may be a viable option.
According to multiple sources, the Sixers filed paperwork on Friday to receive tax credits in the state of New Jersey. Sixers CEO Scott O’Neil confirmed that the Sixers filed paperwork for tax credits in a released statement on Friday. “We understand that the New Jersey Economic Development Authority will be voting on a possible facility on the waterfront at their upcoming meeting,” said O’Neil.
“We will have more to say on this matter after the EDA vote.”
It’s believed that the Sixers would begin construction this fall and would move their practice facility to Camden in 2016.
