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Philadelphia 76ers look to build new $1.3 billion arena

PHILADELPHIA (AP) — The Philadelphia 76ers are taking the first steps toward building a privately-funded sports and entertainment arena. The team's managing partners on Thursday announced the creation of a new development company to create its future home in the city's Fashion District. They say 76 Place is anticipated to cost about $1.3 billion. Josh Harris and David Blitzer say in a news release they're committed to creating "a privately […]

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