The mayor has announced on social media that an agreement has been reached with the Philadelphia 76ers for an arena in Center City Philadelphia.

One day after Mayor Parker endorsed the building of the Sixers' new arena on the border of Chinatown, a labor leader believes the concerns of Chinatown residents can be solved along with eventual City Council approval.

Mayor Cherelle Parker is backing the Sixers $1.5 billion arena plan in Center City. Why it matters: Parker's blessing is critical for the stalled project to overcome strong opposition and sends a powerful signal to fellow Democratic lawmakers to fall in line.