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FILE - Opponents of the Sixers plan to build a new arena inCenter City hold a press conference outside City Hall before Philadelphia City Council holds their first regular meeting of the year, Jan. 25, 2024. (Tom Gralish/The Philadelphia Inquirer via AP, File)

FILE - Opponents of the Sixers plan to build a new arena inCenter City hold a press conference outside City Hall before Philadelphia City Council holds their first regular meeting of the year, Jan. 25, 2024. (Tom Gralish/The Philadelphia Inquirer via AP, File)

FILE - The Fashion District shopping center, top right, the proposed location of a new Philadelphia 76ers NBA basketball arena, stands near the Chinatown neighborhood in Philadelphia, July 22, 2022. (AP Photo/Matt Rourke, File)

FILE - The Fashion District shopping center, top right, the proposed location of a new Philadelphia 76ers NBA basketball arena, stands near the Chinatown neighborhood in Philadelphia, July 22, 2022. (AP Photo/Matt Rourke, File)

FILE - City Councilman Mark Squilla walks across the chambers at the start of a public hearing on the construction of a new arena for the NBA basketball team Philadelphia 76ers, Nov. 12, 2024, in Philadelphia. (Alejandro A. Alvarez/The Philadelphia Inquirer via AP, File)

FILE - City Councilman Mark Squilla walks across the chambers at the start of a public hearing on the construction of a new arena for the NBA basketball team Philadelphia 76ers, Nov. 12, 2024, in Philadelphia. (Alejandro A. Alvarez/The Philadelphia Inquirer via AP, File)