Phase 1 the $2.5 billion overhaul was announced last month, and proposed plans for Phase 2 accompanied the announcement from the Phillies.
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The Phillies said Phase 2 will involve additional development around the Wells Fargo Center and will expand north to Pattison Avenue to the parking lots currently controlled by the team from Broad Street to Citizens Bank Park.
The concept envisions another hotel, residential units, more retail, restaurants, office space and significant green space.
It also will include a dedicated "Phillies Plaza" adjacent to Citizens Bank Park that the team says will "provide gathering spaces and immersive experiences for fans."
The Phillies and Comcast Spectacor will be partnering to seek approvals and the necessary development rights from the City of Philadelphia for Phase 2, the team said.
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Both companies will also work closely with the local community as plans progress, the Phillies said.
Phase 1 of the development project will involve lots located between Pattison Avenue and the Wells Fargo Center for which Comcast Spectacor already has development rights.
This phase will include a new, mid-sized concert venue, hotel, retail shops and an outdoor plaza, as well as upgrades to Xfinity Live. Phase one is expected to be completed in 2028.