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Tag: 76 Place

Long-awaited Arena studies say 76 Place could boost economy but accelerate Chinatown gentrification

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Long-awaited Arena studies say 76 Place could boost economy but accelerate Chinatown gentrification

The verdict is finally in: A long-delayed analysis of a new $1.5 billion 76ers arena shows that Philadelphia could sustain an NBA arena in Center City and the development could bring $1.9 billion to the economy. But not all of the results of a series of consultant studies published on Monday evening were positive – […]

Community impact report shows proposed Philadelphia 76ers arena could harm Chinatown

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Community impact report shows proposed Philadelphia 76ers arena could harm Chinatown

PHILADELPHIA (CBS) — Philadelphia Mayor Cherelle Parker’s office released independent reports Monday night detailing the potential impacts of the proposed 76ers arena in Center City. The long awaited The reports focus on community impact, economic impact, traffic impact and design of the proposed $1.55 billion 76 Place arena, which would be located between Market and […]