New Analysis Projects 76 Place will Generate more than $450M in New Net Tax Benefits to State Taxpayers
Arena on East Market will create substantial benefits from construction, job creation, and sales and use taxes. In a new analysis of the tax benefits that the proposed 76 Place will provide to state taxpayers, MuniCap, Inc., which has more than 25 years of experience advising project managers and municipal governments, determined that a new […]
Questions About 76Place? Now Is The Time To Ask
Over the past 12 months since announcing 76 Place at Market East, there have been many developments and announcements, including renderings of what the project could look like, an announcement from the city confirming a community impact study, and the economic impact that the project will bring — more than 12,200 jobs and more than […]
WHYY: New renderings provide more detailed look at Sixers arena proposal for Center City
The renderings come while the city is in the process of evaluating the impact of 76 Place. For the first time since announcing the project last summer, the Sixers are releasing a series of architectural renderings of 76 Place — the $1.3 billion basketball arena the team hopes to build on Market Street near Chinatown. The final […]
Philly Voice: The 76ers say they want a Center City arena that works for all, but how do they plan to make everyone happy?
Team officials are attending a public meeting Wednesday for the first time since a contentious one in Chinatown last December. This time, they’re discussing plans with residents of Washington Square West For the first time in five months, the 76ers will participate in a public meeting Wednesday night to discuss their proposal for a new […]
The Latest Details on 76Place
The process of building an arena is iterative. The information we’re sharing is in part in response to feedback we’ve heard over the last year. We hope this project update deck and the “You Asked, We Answered” information is informative and also encourages more feedback for us to integrate into the final proposal. YOU ASKED, […]