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 […]
Philadelphia 76ers Announce Next Round of Public Meetings to Share Vision for 76 Place
Today, the team at 76 Place at Market East announced dates for a series of community meetings that will be held throughout August, during which attendees can learn details of the proposed arena project and submit questions and comments. The meetings will provide community members the opportunity to hear about the current proposal, the updating […]
76Place Announces New Details on Arena Plan
NEW ARENA WILL GENERATE MORE THAN $1 BILLION IN NEW TAX REVENUES FOR CITY, STATE AND SCHOOL DISTRICT OF PHILADELPHIA, GIVE CITY ADDITIONAL CONTROL OVER PROJECT Philadelphia, PA, July 27, 2023 – As a follow up to the City of Philadelphia and the Philadelphia Industrial Development Corporation’s (PIDC) announcement that firms have been retained to conduct […]
Three Major Trade Groups Announce Support for Proposed Philadelphia 76ers Arena
Union leaders and more than 350 union workers rally behind project citing economic development, job creation, training opportunities, and positive impact on region Philadelphia, PA, April 12, 2023 – Yesterday three major trade groups from throughout Philadelphia joined together at a labor rally to express support for the proposed Philadelphia 76ers arena –76 Place at Market East […]
Philadelphia 76ers Preview Plan to Promote Economic Opportunity for Black Community Through Proposed Arena Project
Details include commitments and plans for job creation, business development and other economic opportunity programs in support of Black businesses and workers In a press conference today, the Philadelphia 76ers announced several new initiatives designed to create economic opportunity for the local Black community through the newly proposed arena, 76 Place at Market East. The […]
