Everybody Builds<\/a> \u2014 a partnership between the Urban Affairs Coalition, large-scale developers and institutions, contractors, and labor leaders focused on growing the capacity of diverse talent and businesses. The organization is supporting efforts to grow a pipeline of diverse talent and contractors so that by the time 76 Place breaks ground, there are more workers and contractors reflecting the diversity of Philadelphia communities that have the capacity, experience, and preparation to work on the project. <\/p>\n\n\n\n\u201c76 Place is an economic engine to move the needle forward for the City of Philadelphia. It\u2019s an opportunity for the city collectively to participate in groundbreaking project development that embraces the entire city. Far too often, development deals and projects of this nature limit who can participate in the building and running of the building once it\u2019s built,\u201d said Reverend Dr. Donald Moore, Senior Pastor at Mount Carmel Baptist Church. <\/p>\n\n\n\n
While construction will be a massive job generator, operation of the arena will create economic opportunities for decades with the creation of 3,700 permanent jobs once the arena is open. These jobs include arena operations as well as arena-related positions such as opportunities for arena vendors, suppliers and concessionaires. <\/p>\n\n\n\n
INVESTMENT IN THE SUCCESS OF BLACK-OWNED BUSINESSES.<\/strong><\/p>\n\n\n\nSeveral initiatives and partnerships focus on preparing Black residents and businesses to benefit from the project as part of a larger effort to ensure the proposed arena is a win for Philadelphia and underrepresented businesses across the city.<\/p>\n\n\n\n
One such initiative is the 76ers\u2019 $50M Community Benefits Agreement, the largest in Philadelphia\u2019s history and one of the largest commitments across the country, to address local priorities and ensure the surrounding neighborhoods can reap the benefits of the development. The CBA includes a minimum of a $2M fund for Black-owned businesses that will be used to help prepare and scale Black-owned businesses to become vendors, suppliers and concessionaires at 76 Place, with a goal of 40 percent represented by Black-owned businesses. <\/p>\n\n\n\n
\u201c76 Place represents an opportunity to advance the growth of Black-owned businesses here in the City of Philadelphia,\u201d said Regina A. Hairston, President and CEO of the African American Chamber of Commerce PA, NJ and DE. \u201cWhen we talk to Black-owned businesses and what they need the most, the number one thing they say is capital, and number two is the opportunity to contract. This is a transformative opportunity to connect our businesses to 76 Place.\u201d <\/p>\n\n\n\n
The privately-funded arena is anticipated to provide $2.34 billion in overall economic output during construction and $400 million annually upon opening to support Philadelphia’s long-term economic growth and sustainability. <\/p>\n\n\n\n
\u201cWe are building the city with those who are investing in Black businesses. This is an invitation for us to build with the rest of the city. This is a new day for our community,\u201d said Pastor Carl Day, Culture Changing Christians Worship Center.<\/p>\n\n\n\n
The initiatives unveiled thus far are meant to ensure Black workers and Black-owned businesses have meaningful representation and opportunity. In the coming months, the 76ers will continue to unveil additional commitments related to participation, investments in communities, and partnerships to ensure the project benefits the surrounding community as well as communities across the city, with an emphasis on communities of color.<\/p>\n\n\n\n
\n\u201cWhen we talk to Black-owned businesses and what they need the most, the number one thing they say is capital, and number two is the opportunity to contract. This is a transformative opportunity to connect our businesses to 76 Place.\u201d – Regina A. Hairston, President and CEO of the African American Chamber of Commerce PA, NJ and DE.<\/p>\n\n\n\n
\u201cWe are building the city with those who are investing in Black businesses. This is an invitation for us to build with the rest of the city. This is a new day for our community,\u201d -Pastor Carl Day, Culture Changing Christians Worship Center.<\/p>\n\n\n
\n
Since announcing plans for 76 Place \u2014 the new 76ers arena that will be located at the current site of Fashion District Philadelphia \u2014 the 76ers have underscored their commitment to ensuring the project is a win for all, including Philadelphia\u2019s Black community. \u201c76 Place is an opportunity for us to not only positively impact […]<\/p>\n","protected":false},"author":3,"featured_media":978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42],"tags":[],"publication":[],"class_list":["post-1231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-news"],"acf":[],"lang":"en","translations":{"en":1231},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/posts\/1231"}],"collection":[{"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/comments?post=1231"}],"version-history":[{"count":4,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/posts\/1231\/revisions"}],"predecessor-version":[{"id":1247,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/posts\/1231\/revisions\/1247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/media\/978"}],"wp:attachment":[{"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/media?parent=1231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/categories?post=1231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/tags?post=1231"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/76place.com\/wp-json\/wp\/v2\/publication?post=1231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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