Philadelphia CEO has numerous “facts” showing how good a new Philadelphia 76ers arena will be for local residents. Then provides nothing whatsoever.
Like most parts of this proposal, local anger about public transportation comes from the lack of answers by the Philadelphia 76ers. The team initially stated that their transportation plans for the new arena would involve no new parking additions due to “existing lots and garages (being) sufficient”. How on earth could the 76ers think this? Well, they released an estimate that the new arena would bring in 3,700 cars per game, which is quite low. The way they got to that number was by forcing…
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Philadelphia Union swear that this time, the new stadium will be an economic engine for Chester residents
The Philadelphia Union, the local MLS team, will get $250,000 in county tax breaks for their new Stadium, WSFS Bank Sportsplex. Specifically, the Delaware County Council allowed the Philadelphia Union to not pay any county real estate taxes. This lasts for the next 10 years and will be done on a sliding scale that starts at the team being exempted 100% this year and down to 10% at the end. According to the city and not a single economist alive, this should allow for the city to see direct…
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Philadelphia 76ers Lobbying Firm “forgot” to disclose who bankrolls them
Last summer, the Philadelphia 76ers announced that they were going to try to build a brand-new $1.3 billion dollar arena in the Chinatown district of Philadelphia. This comes after the city spent roughly $250 million on the arena in 2018. Even though the team continues to publicly assert that the arena will be “privately funded”, nobody has seen a contract which proves it. Two years ago, the 76ers owners claimed that they would “privately fund” a business development, while also wanting almost…
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