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Known earlier as the "CoreStates Center" (1996–1998), the "First Union Center" (1998–2003), and the "Wachovia Center" (July 2003 – June 2010), the 20,000-plus-seat indoor arena replaced the Spectrum as the home of the Flyers, 76ers, and Philadelphia Wings of the National Lacrosse League beginning with each club's 1996–97 season. With ...
The South Philadelphia Sports Complex is the home of four major Philadelphia professional sports teams. The complex is located in South Philadelphia and is the site of Wells Fargo Center, home arena for the Philadelphia 76ers and Philadelphia Flyers, Lincoln Financial Field, home field for the Philadelphia Eagles, Citizens Bank Park, home field for the Philadelphia Phillies, and Xfinity Live ...
Wells Fargo Center, originally called Spectrum II, was completed in 1996 to replace the Spectrum as the home arena of the 76ers and Flyers, on the former site of John F. Kennedy Stadium at a cost of $210 million, largely privately financed (though the city and state helped to pay for the local infrastructure).
Upon the Military Base Closing Act in 1995, the United States government deeded the 27 + 1 ⁄ 2-acre Brownfield property to the city of Philadelphia. New luxury townhouses were built on the site by a private developer, John Westrum and Real Estate agent, daughter of the original Packer Park developer, Barbara Capozzi, who styled these homes ...
Wachovia Arena at Casey Plaza, 8,300-seat multi-purpose arena located in Wilkes-Barre, Pennsylvania; Wachovia Center, indoor arena located in Philadelphia, Pennsylvania; Wachovia Spectrum, indoor arena that was replaced by the Wachovia Center
In 2006 Wachovia re-negotiated its lease, which was set to expire in 2010. After looking at other potential space in Center City, Wachovia made a deal to stay in One South Broad and three nearby properties, the Witherspoon Building, Wells Fargo Building, and the neighboring Widener Building, until the 2020s. [1]
The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company.
In 2008, Comcast Spectacor announced that the Wachovia Spectrum, the Phantoms' home since 1996, was going to be demolished to make way for Philly LIVE, a project which included a luxury hotel and entertainment district. On February 4, 2009, it was announced that Comcast Spectacor has reached an agreement to sell the Phantoms to the Brooks Group ...