The 125,000-square-foot training complex along Camden's waterfront is the largest in the National Basketball Association.
"We have a created a facility that meets and exceeds the needs of today's athlete," said David Blitzer, the team's co-managing owner. "We feel like we are at the very start of something great here."
The complex features two buildings: one for training and practice and the other, not yet completed, for the team's front office and business operations.
The Sixers did not release the final cost for the project, but team CEO Scott O'Neilsaid the price tag is expected to come in slightly below the $82 million in tax credits the organization got from the state to build in Camden. When fully completed the campus is expected to have more than 200 front office employees.
An array of city and state officials turned out for the ribbon-cutting ceremony with U.S. Rep Donald Norcross telling the team: "[Philadelphia] may be on your logo, but Camden is your home."
Among the training facility's features are:
- Two NBA regulation-size basketball courts;
- A 2,800-square-foot player locker room;
- High-tech performance, wellness, recovery, and hydrotherapy rooms; and
- A players' restaurant.
The main lobby has a reception desk built in part from the court in Hershey where Sixers' legend Wilt Chamberlain scored a record 100 points in a single game.
The business operations building will boast an Innovation Lab that is being created to support early-stage companies and entrepreneurs in the sports and consumer product space.
Camden was not the team's first choice for the complex.
The Sixers had originally planned to expand its presence at the Philadelphia Navy Yard corporate center, where it already had offices. That changed when New Jersey stepped up in 2014 with a financial incentive package that features $82 million in tax credits from the N.J. Economic Development Authority for building the complex in Camden.
The new complex consolidates Sixers' staff and players who had been spread out at the Navy Yard, its training site at the Philadelphia College of Osteopathic Medicine and at the Wells Fargo Center.
Earlier this week, the Sixers announced it would hold onto the naming rights and feature the team's name on the large sign above the business operations building that came been seen from Philadelphia's side of the Delaware River. Instead of a signing a corporate naming rights deal, the team signed separate deals with five "founding partners"— Toyota, NovaCare, Virtua, NFI and Kimball Office — who will have a significant presence or involvement with the site.