Philly Mayor Cherelle Parker and city officials shared new details on the agreement to bring a new arena for the 76ers to Center City.
'I am proud and take full responsibility for what is in this agreement," Mayor Cherelle Parker said on Wednesday."I support it 1001%' Philadelphia Mayor Cherelle Parker and other city officials provided a 'very detailed' update to the ongoing effort to bring a new arena for the 76ers to Center City on Wednesday.to an agreement that would"cross every T and dot every I," to ensure that the Philadelphia Sixers stay in the City of Brotherly Love.
The Sixers will make an average payment of $6 million per year over the course of 30 years, Parker said. This money will go toward different opportunities for local businesses and residents. Parker made a point to speak directly to the Chinatown community during Wednesday's meeting and she promised that none of the existing neighborhood buildings or structures will be demolished.
"It is outlandish that the mayor is unilaterally trying to impose a CBA on a project that lacks even the most basic studies on housing and rent costs, impacts on small businesses, livability, and transit access – issues that will impact the city for years to come, between multiple years of construction and long-term damage to traffic flow and access to emergency healthcare.
During Wednesday's meeting, Parker explained that this proposed 76 Place will bring unprecedented opportunities to unlock the long-needed revitalization of Market Street. The City Council has the final vote. The legislation package is available for the public to read for the next month before going to the council.
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Philly Mayor unveils details of new Sixers' Center City arena agreementPhilly Mayor Cherelle Parker and city officials shared new details on the agreement to bring a new arena for the 76ers to Center City.
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Philly Mayor unveils details of new Sixers' Center City arena agreementPhilly Mayor Cherelle Parker and city officials shared new details on the agreement to bring a new arena for the 76ers to Center City.
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Philly Mayor to unveil details of new Sixers' Center City arena agreementPhilly Mayor Cherelle Parker and city officials are expected to share new details on an agreement to bring a new arena for the 76ers to Center City.
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Philly Mayor to unveil details of new Sixers' Center City arena agreementPhilly Mayor Cherelle Parker and city officials are expected to share new details on an agreement to bring a new arena for the 76ers to Center City.
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Philly Mayor unveils details of new Sixers' Center City arena agreementPhilly Mayor Cherelle Parker and city officials are expected to share new details on an agreement to bring a new arena for the 76ers to Center City.
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