Adelman is working in close collaboration with stakeholders from across Philadelphia to deliver a world-class arena in the heart of Philadelphia – at no cost to city taxpayers. This slam dunk for the city’s businesses, residents, and fans represents the largest private real estate investment and community benefits agreement in the history of Philadelphia and is a once-in-a-generation opportunity to revitalize Market East and give the Philadelphia 76ers and its fans the arena they deserve.
Serving on non-profit boards, democratizing alternative investments, investing in real estate, and helping to elevate the Philly culinary scene, are just a few of the initiatives David is part of in his hometown. Darco Capital is committed to empowering the future of Philadelphia and stimulating economic growth for generations to come.
David Adelman is serving as the Chairman of the $1.55B new arena project for the Sixers. Partnering with 76 DevCo, David is leading the initiative to transform economic growth in Philadelphia by designing and building an inclusive world-class facility that creates jobs and opportunities to those who need them most.
"Who is David Adelman, the man leading the new Sixers arena project? - Philadelphia Business Journal
Advocating for better healthcare options in Philadelphia, David holds an advisory role on the board of Penn Medicine.
"76ers, Penn Medicine team up for new arena" - Philadelphia Business Journal
Campus Apartments CEO David Adelman is many things: a university housing real estate mogul, investment executive, local and national philanthropist and, most recently, the face of 76ers Place, the proposed new basketball arena at Market East in Philadelphia.
"Listen: Who is David Adelman?" - The Philadelphia Citizen