"76ers Arena Developers Adapt Plans Based on Community Feedback"
The development team for the proposed 76ers arena held their first in-person community meeting, making changes to the project based on community input, including adding 80 units of affordable housing in adjacent Chinatown. The $1.5 billion project aims to revitalize Market East and is expected to bring in over $1 billion in tax revenues and create 12,000 construction jobs. Concerns were raised about potential traffic congestion, gentrification, and the accuracy of projected tax revenue. An impact study is expected to be completed next month, with potential legislation being considered early next year.