New York’s Durst on track to be selected to develop Penn’s Landing, over 76ers arena proposal

A committee under the agency that oversees development along central Philadelphia’s Delaware River waterfront has recommended the Durst Organization to redevelop Penn’s Landing, likely ending efforts by the 76ers to build themselves a new basketball arena there.

Loading...

Load Error

The Delaware River Waterfront Corp.’s selection committee for the Penn’s Landing project said Wednesday morning that the New York developer’s proposal for the site was best in keeping with the government-affiliated nonprofit’s goals for the area.

The full board of the DRWC, a government-affiliated nonprofit, was scheduled vote on whether to follow the committee’s recommendation later Wednesday. If the proposal is endorsed by the full board, the DRWC will negotiate a formal agreement with Durst.

The recommendation puts Durst’s proposal on track to beat out one by the Sixers, which was said to include a 19,000-seat arena nestled among apartments, a hotel, a dozen or so restaurants, a supermarket, and a

Read More