Rendering of Pattison Place, newoffice building planned for Philadelphia's Xfinity Live! complexnear the city's sports arenas

PHILADELPHIA, PA—Comcast Spectacor andThe Cordish Companies will build PattisonPlace, an $80 million, new construction class-A officetower in the heart of the Philadelphia SportsComplex. Adjacent to Xfinity Live!,Pattison Place will offer an incredible officelocation amid the home venues of Philadelphia's belovedprofessional sports teams, near the redeveloped office campus atThe Navy Yard.

Designed by Beyer Blinder Belle andPhiladelphia based BLT Architects,Pattison Place will incorporate 200,000 squarefeet of new construction, class-A office space featuring a grand4,000 square-foot lobby with 35-foot ceiling heights, including20,000 square feet of ground-floor retail. With 12-footfloor-to-ceiling windows, Pattison Place willoffer one-of-­a-kind panoramic skyline views of downtownPhiladelphia, the surrounding Sports Complex andneighboring Navy Yard.

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“We're thrilled to partner with The CordishCompanies and launch the next phase of development withinthe Philadelphia Sports Complex,” saidDave Scott, chairman and CEO, ComcastSpectacor. “Pattison Place presents aunique and compelling opportunity in the SportsComplex and builds on the continued success ofXfinity Live!. We're looking forward to makingadditional announcements as our growing neighborhood expands in newand exciting directions.”

Pattison Place will be within walking distanceto SEPTA, near interstates I- 95, I-76 and I-476, and minutes awayfrom both Center City and the Philadelphia International Airport.The tower will feature first class amenities including exteriorsignage, roof decks, fitness facilities, and on-site parking.

“It is incredibly exciting for The CordishCompanies to grow our partnership with ComcastSpectacor to deliver a signature, class-A office tower, ”says Blake Cordish, principal of TheCordish Companies. “Pattison Place willoffer first class amenities in an unparalleled location amidPhiladelphia's professional sports teams.”

Details for Pattison Place arrive at anexciting time as the Wells Fargo Center isconducting an extensive, $250 million multi-yeartransformation.

Pattison Place will create 1,670 new jobs andgenerate $295 million in economic benefits to the city and stateover a 30-year period.

Pattison Place is the first of severalannouncements for the expansion of XfinityLive!. Since opening in 2012 inpartnership between Comcast Spectacor andThe Cordish Companies, Xfinity Live! has been aprominent dining, entertainment and hospitality anchor for theregion, dramatically changing the fan experience for Flyers,Eagles, Phillies and 76ers fans, as well as out of town guests.Welcoming millions of visitors a year, XfinityLive! has energized South Philadelphia and the surroundingsports complex via year-round events and experiences includingconcerts, festivals, family fun days, community functions, charityevents, and watch parties.