An arena in Center City will bring shoppers, jobs, and improved safety, say Sixers' Dave Gould and partners_mosaic's Greg Reaves. Concern in Chinatown about displacement and quality of life are 'justifiable,' they say, but will be addressed 'equitably.'
David Gould and Greg Reaves
The project is a tremendous opportunity to create a new model for responsible, equitable development in Philadelphia — one that contributes to growth that can benefit all. When we announced our plans to locate in Center City, we embraced the need to be far more inclusive, thoughtful, and impactful than any other large-scale development.
The new arena would be a neighbor to one of the oldest and strongest Chinatowns in the country, and a staple of cultural stability, vibrancy, immigration, and tourism for the Chinese and broader Asian community, as well as the city of Philadelphia. The arena may be new, but we’re far from new neighbors — the Fashion District, formerly The Gallery, has been located in Market East for nearly 50 years, and the arena will repurpose a portion of this long-standing site.
. While these project footprints required evicting residents and businesses or acquiring properties through eminent domain, the arena’s boundaries are housed within an existing Market East footprint that allows us to protect Chinatown’s residents and small businesses. This is our commitment. In partnership with the community, we are also prepared to invest in projects that will ensure that existing residents and small businesses within Chinatown are able to remain.
We’re prepared to build ethically, responsibly, and, above all else, equitably. This shared commitment is what brought Mosaic Development Partners to the 76ers in support of 76 Place. Mosaic has a proven track record of addressing unmet needs of underserved neighborhoods in Philadelphia through thoughtful, community-first programs that reduce disparities while creating vibrant new places.
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