Rendering of Philly Live! from 2008. We’re not sure it’s gonna look quite like this. Image from Arnold Imaging

Philly Live!, a 300K plus sqft. entertainment complex, will sit on the site of the former Spectrum, between Citizens Bank Park and the Wells Fargo Center. It was first announced over three years ago, when the above rendering was produced, without a clear start-time or expected completion date. As we watched the Spectrum come down in the beginning of this year, we figured that construction would start any day, and wouldn’t ya know it, the time has come.

View of site looking west on Pattison Ave., toward 11th St.

The first phase of the construction, according to an article from the Daily News and confirmed by our sources, will measure about 50K sqft., will contain several restaurants…