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Developers Show Off Plans For South Philly Entertainment Venue

By Mike DeNardo

PHILADELPHIA (CBS) -- Developers today unveiled details about the new entertainment complex being bult on the former Spectrum site in South Philadelphia.

The complex, to be called "Xfinity Live!," will have as its centerpiece a 32-foot TV screen in an area dubbed "the NBC Sports Arena."

Restaurants will include the Spectrum Grille, the Broad Street Bullies Pub, Chickie's and Pete's, Nick's Roast Beef, the Original Philadelphia Cheesesteak Company, The PBR (Professional Bull Riders) Bar and Grill, and the Victory Beer Hall.

Reed Cordish, VP of the Baltimore-based Cordish Companies, says it will be a place for fans to go before, during, or after a game.

"The only site in North America where all four professional sports teams operate on one site," he said.  "And what we're going to do is tie it all together and create that gathering spot, that sense of place that didn't exist here before."

Comcast Spectacor chairman Ed Snider says plans for the entire "Philly Live" complex have been on hold because of the economy, but he's looking forward to this first phase.

Xfinity Live is scheduled to open April 5th.

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