A new area is coming to the South Philadelphia Sports Complex.Last year, the Philadelphia Flyers and 76ers were moving towards leaving the complex and building a $1.3 billion downtown arena in Center City.Concepts of the Philadelphia 76ers and Flyers’ new home have been released@TheLightingPlaceHowever, those plans were cancelled, and instead, a new arena will be built inside the existing complex, which also houses other arenas and stadiums for teams like the Philadelphia Wings and Philadelphia EaglesThe decision to remain in South Philadelphia came after intense lobbying by locals in the area, and according to reports, those plans received the support of NBA Commissioner Adam Silver and NFL Commissioner Roger Goodell.Philadelphia 76ers and Flyers’ new arenaThe new Philadelphia arena will replace the current Xfinity Mobile Arena.The new venue should be ready by the 2031 season, although there is an option to accelerate the process by a year.While arena designs have not been released, concepts have been teased by Harris Blitzer Sports & Entertainment, which owns the 76ers.“We’re going to create an experience, an environment, a home-court and home-ice advantage that’s going to be unlike any other in sports,” HSBE CEO Tad Brown told Front Office Sports.“Now, everybody says that, but it’s our turn. This is something that’s incredibly important. ‘It’s a legacy project to our ownership team, and we aren’t going to leave any stone unturned to find the best and most advanced technology and experience that we can provide—in every facet.”HSBE, who own the $4.9 billion 76ers, and Comcast, who own the Flyers, announced that Turner Construction and AECOM will be the construction manager for their new arena in October.“Having Turner and AECOM Hunt on our team is a game-changer as we work to build the most technologically advanced and fan-focused sports and entertainment venue in the world,” said David Adelman, Chairman of the joint venture between 76ers and Flyers. Many concepts of what the new 76ers and Flyers have been released@Philadelphia76ersThe 76ers have been at their arena since 1997GETTY“The knowledge this venture brings to the project will ensure we are on the cutting-edge of the next era of how fans experience live sports and entertainment. “This team shares our commitment to being authentic to the Philadelphia fan experience and building an arena the city and fans can be proud of. We are also proud to partner with local, Philadelphia-based firms to bring this generational project to life.”The new arena will be purpose-built for the NBA and NHL, and will involve a significant new look to the facility that has been the 76ers and Flyers’ home since 1996.The venue will also house the forthcoming WNBA expansion team.The WNBA awarded Philadelphia a team in June, with the team scheduled to have their first season in 2030. If the new arena is not completed by then, the team will play in the Wells Fargo Center but will be part of the relocation.The Flyers and 76ers will leave their current homeGETTY“This is a perfect opportunity to push everything together. It’s a perfect time to open the new arena, and it’s a perfect time for the WNBA to come to Philly in the way they’re cycling in their expansion teams,” Brown says.HBSE and Comcast also intend to go beyond just building the arena.The two companies want to transform the area in a way that positively impacts the South Philly area.“We want to make sure we’re doing the right things to make the biggest impact, and they’re going to affect the most people who need it,” Brown says. “It’s very important to both us and to Comcast that we’re making the biggest impact we can in both [downtown and the sports complex].”Other new NBA arenas and renovations taking placeThe 76ers are not the only team to be building a new arena, as the Oklahoma City Thunder announced their plans for a new home last month.The defending NBA champions will open their $900 million state-of-the-art arena for the 2028 season. Meanwhile, the Washington Wizards will also have a new home, with an $800 million facility currently being built for the start of the 2027 season.Currently, the model venue for all newly built arenas is the Los Angeles Clippers $2 billion Intuit Dome that opened its doors last season.Stay up to date with the latest from the NBA across all platforms – follow our dedicated talkSPORT USA Facebook page and subscribe to our talkSPORT USA YouTube channel for news, exclusive interviews and more.