The People Versus The Billionaires
Philadelphia, Pennsylvania - Several thousand people turned out for the Save Chinatown Coalition rally on Sept. 7 to protest the Philadelphia 76ers’ proposal to build a new $1.55 billion arena near Chinatown called “76 Place.” While the National Basketball Association team’s billionaire owners repeatedly say a new arena at 10th and Market streets would provide “economic opportunity for surrounding areas,” community residents, who have been fighting this proposal for over two years, argue that it would be an “existential threat” to this historic Philadelphia neighborhood.
The impact studies commissioned by the city, released in late August, support the residents’ arguments.