Today, Cordish Company president David Cordish, along with Comcast-Spectacor president Peter Luukko and chairman Ed Snider, held a press conference talking about potential plans for development on or around the sports complex. Here's an article courtesy of Marcus Hayes of the Daily News. The entertainment venue would be named "Philly Live!" and could potentially contain a health club, a movie theater, retail stores and bars, clubs and restaurants. Snider said they hope to have more finalized plans by the end of February.
Development sounds nice, but one thing that has Flyers fans concerned is that it may be necessary to tear down the Spectrum to go through with the plans. That building is important to the Flyers for their past, present and future. Many Flyers fans grew up watching the team play in the Spectrum; it's where our two Stanley Cups were won. Currently, the building is the home of the AHL affiliate Phantoms. This is convenient because it allows the NHL and AHL players to practice and play in close proximity to each other, which allows for the team to monitor progress that much easier. Having the farm club so close is a luxury not every franchise has.
The issue comes down to money though. Although the Spectrum is used for much of the year, is it possible to make a better profit to tear down the Spectrum and put in all of these venues? It would definitely make the complex more attractive to people during non-sporting events, so there could definitely be benefits for the city. Stay tuned.
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