https://6abc.com/new-76ers-arena-76-place-center-city-community-meeting-taxes/14073496/
Developers say the $1.5 billion project will bring more than $1 billion in new tax revenues for the city, state and school district over a 30-lease term
Thoughts on the potential arena?
I just don’t buy that this will revitalize the area. The slapped on some affordable housing units a while back and thought that would appease people.
I’m also inclined to listed to people who live and work in the area, who seem to be opposed.
I think it’ll just clog up SEPTA on nights where there are games. I don’t buy that people will shop and dine before and after games.
I might be for it if basically the entire body of research on the economic and social impacts said anything good about it at all. Inner city arenas not only kill the Chinatown but also increase crime, drive down per capita wages, cause traffic and pollution, and chew up space that could be for something good like a park or a condo tower.
Billionaire David Adleman can fuck right off with his land grab.