The real estate developers who own the Sixers want to build a new basketball arena at10th and Market Street, right next to historic Chinatown. The Sixers already play in a perfectly good arena in South Philly and a Center City arena would cause congestion downtown. In order for the arena to move forward, Councilman Mark Squilla would have to introduce legislation, and Councilman Squilla has promised that arena legislation would move forward “only if supported by the community.”
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An arena would likely rely on your tax dollars for things like electrical upgrades and the rerouting of traffic and public transportation. Arenas are rarely actually 100% privately funded.
Sixers’ promises don’t pan out: When the Sixers moved their HQ to New Jersey, they promised revitalization, tax revenue, and jobs for Camden residents. (Sound familiar?) Today, that facility employs only 11 Camden residents out of 275 jobs.
The city’s studies on the arena are biased and paid for by the Sixers: These are not the independent studies the public asked for.
Arenas jobs tend to be low-wage, seasonal, and part-time: 76Place could only guarantee work at 41 home games a year. With so few events, workers would struggle to get full-time hours and support their families.
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