Community Impact, Community Engagement, CBA Process, Case for the Arena, Transportation, Tax Benefits, Small Business, Residential Affordability, Building Trust, Safety, Revitalization, Location, Jobs, Environmental Impact, Process, Equitable Development, Other Downtown Arenas, Project Financing, and more
We understand the concerns around temporary street closures. Our interests are aligned with the community’s desire for auto and pedestrian traffic to flow as best...
Most of the analysis done for other cities is in reference to the financial return taxpayers receive for subsidies offered to arena developers. Since we...
The 76 Place development team engaged MuniCap, a firm with over 20 years experience in tax projections and advising municipal governments, who estimated tax revenues...
The 76ers Security plan for the exterior, city streets around the Arena will be a layered approach. We will install state of the art CCTV...
The Area Median Income (AMI) bands and associated rents have not yet been determined for the affordable units, as we believe this should be determined...
We are committed to following the process outlined by the City and providing necessary information in a timely manner. All studies completed by our hired...
The proposed CBA is $50M, the largest in Philadelphia’s history. We are proposing that the CBA cover the 30 years of projected operations for the...
The CBA will be public and negotiated by the groups that are party to it, and those groups will be ones that represent Philadelphia communities,...
Many sites were evaluated during the due diligence process and this location made the most sense due to it’s size, proximity to every major transit...
We are focused on delivering an arena that makes a positive and lasting impact on our city. This project is being financed through a combination...
One key difference between our project and Washington DC is we are not directly displacing any Chinatown residents or businesses, nor are we building within...
Our traffic study compared average travel times to 76 Place with travel times to the Wells Fargo Center. On average, fans coming to games will...
Langan Engineering, a nationally-recognized transportation firm with deep experience in the sports & entertainment industry, looked at other comparable cities and venues like Barclays Center...
The arena is being developed by 76DevCo, a partnership between 76ers Managing Partners Josh Harris and David Blitzer and Philadelphia Business Leader David Adelman.
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