The proposed $1.3 billion Sixers arena in Philadelphia’s Market East district is being scrutinized by the City Council as it deliberates over critical aspects of the project.
The plan, which includes building 76 Place on the edge of Chinatown, has sparked debate among council members, community groups, and transit advocates.
The $50 million Community Benefits Agreement (CBA) is a key point of contention.
Many council members believe the fund must increase significantly to address community needs.
Councilmember Mark Squilla, whose district includes the proposed arena site, said the minimum has to be another $10 million if realism is desired.
Some have even suggested a $300 million CBA paid over 30 years, though Sixers executives dismissed that idea.
The financial charge on SEPTA is another sticking point.
The transit agency, already cash-strapped, would need to add services to accommodate the 19,000-seat venue.
Sixers officials have pledged to cover construction costs and include SEPTA passes for season ticket holders during the first year, but they still need to agree to ongoing operational expenses.
During Tuesday’s hearings, Michael Carroll from the city’s Office of Transportation and Infrastructure Systems addressed traffic concerns, assuring council members that PennDOT and other stakeholders are still formulating plans.
He noted that late-night events would add cars but claimed they wouldn’t significantly disrupt the 76ers area.
The Sixers’ Chief Corporate Affairs Officer, David Gould, hinted at an alternative if Philadelphia rejects the arena.
Camden, New Jersey, has offered $800 million in tax incentives to lure the team across the river.
Gould stated that an agreement for this site could not be reached, and the only other viable option available as of right now was in Camden.
The Sixers Youth Foundation previously made a historic $120,000 donation to Camden police.
City Council President Kenyatta Johnson expressed cautious optimism about ongoing negotiations.
He said that a “no” was initially given a couple of weeks ago, but now negotiations are being discussed to move forward.
However, unresolved issues remain, including minority business participation, traffic management, and the economic impact on local businesses.
With eight days of hearings spanning over 40 hours now concluded, council members continue to seek clarity.
The Committee of the Whole has recessed until Thursday, Dec. 4.
For the arena proposal to move forward, it must clear the committee by Dec. 12 and receive a final vote by Dec. 19.