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I'm assuming that what Harris wants, in theory, from his own arena is not just not having to pay rent but all the secondary income a stadium could kick out, concerts, meetings, advertising, food, and certainly being able to sell the naming rights. But if the numbers would work, then I'm sure he would be looking for ways to break his lease and get his hands on some gov't backed corporate welfare and start building. Would having his own arena increase the value of his property as much or more then the cost of building it. BTW, the Spectrum opened in 67 or 68, so it served the needs for 30+- years |
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An arena is a different beast. You have to attract fans to it, they have to want to come. Camden has a stigma and that makes it more of a hard sell. But honestly it hurts that secondary income more. If you are a sixers fan, you'll go to Camden cause that's the only place the sixers will be playing here in philly area. But with concerts and other entertainment, there are a bunch of other venues in the metro, why would a performer choose camden over south philly? Even if they are choosing Camden, you still have competition with whatever they're calling the Tweeter Center these days. If the arena was downtown, then that is a different animal. Philly currently does not have a venue like that downtown, and secondary revenue streams would likely be very profitable. So I assume to maximize his value, Harris wants the new arena downtown. If he built it all himself, he would still stand to make money, but it's a lot more risky, whereas if he receives significant government funding that's basically money in his pocket if he sells. Overall, I like the idea of a downtown arena and think they make far more sense than downtown stadiums. But I don't think Harris builds it without significant government help, so I honestly hope it doesn't happen if that's the case. The public shouldn't pay for an unnecessary arena just to put a few more bucks in a billionaire's pocket. |
Delaware Ave development. North of the Home Depot .
Philly Voice does a good job on development news . Phillycom used to be a go to site until they put up the paywall. http://www.phillyvoice.com/philly-de...elaware-river/ http://media.phillyvoice.com/media/i...ll-735x490.png http://media.phillyvoice.com/media/i....width-704.png http://media.phillyvoice.com/media/i....width-704.png |
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I get it from Comcast spectacor p.o.v. They want the parking and concession revenue all to themselves. Thats why you need strong civic leadership to put the money makers in the right location. Something Philadelophia has been lacking the past 50 years. they always take the cheapest easiest way. The path of least resistance. |
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if Comcast Spectacor wants to monopolize ticket buyers down in their little remote cash corner at Broad + Pattison let them have the Flyers fans. Hopefully one day there will be an alternative/competitor arena in Center City. I am all about atmosphere and aura creating its own energy and Broad + Pattison has ZERO of that. |
Downtown stadiums/arenas bring downtown parking lots/garages. Do you really want to create an entrenched parking, anti-development deadzone in the center city area ringing the new bball arena? The convention center/Chinatown area is bad enough with that as it is
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I hope allovertown is right and the Sixers stay in the Wells Fargo Center for it's life and when it's time to move on, they end up with a new arena where the Vet use to be (and, if Comcast still owns the Flyers by then, maybe they build a place on top of Xfinity Live). |
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From this morning, March 6th 2018: https://i.imgur.com/YpSqGIu.jpg?1 |
There is really no where to put an arena in center city, I'm not even sure there is room in Camden after the ongoing waterfront development. University City has so much going for it, I don't think we need an arena in place of labs and other commercial space for tech/healthcare companies.
There is some novelty about an inner city arena/stadium but when that the same land could be used for 400-800 ft tall buildings full of 24/7 commercial/residential space I much prefer that. Adding another arena will just make the two less crowded as the both vie for events. |
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It's definitely in Comcast's best interest to prevent the competition from popping up [insert Comcast monopolistic tenancy jokes here]. If/when Temple builds a football stadium, that would be similar capacity as a new venue (granted, it will be outdoor) and will increase the concert competition so that should be extra incentive for them right there. Hopefully they treat the Sixers as good tenants moving forward and maybe are willing to/convince Harris to build whatever comes next as a joint partnership, again, in the Sports complex (a no brainer for Comcast). |
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Again, I'd much rather keep all the sports venues centralized but I wouldn't dismiss Camden so quickly. You do make an interesting point about ancillary venue income. To answer your question, why would a performer choose Camden over South Philly? Lots of reasons. That's why there is a music venue on the Camden Waterfront that attracts all sorts of big time acts. With that being said however, you're not going to get TWO music venues along the Camden Waterfront. That's just not happening. Neither is AHL hockey, since the Flyers/Comcast own the Phantoms. Mr. Harris would have to think of something else to fill the seats when the Sixers are not playing. |
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There are close to 300 rail stops between Septa, NJ Transit and the River Line that alleviates the need for parking garages. This area has great transit infrastructure and should be taking full advantage of that. As far as Chinatown already being too overcrowded? Great Downtowns can never bee too vibrant, populated , congested or busy. You can never have enough concert goers, or attendees of sports matches walking around center city spending money in bars, restaurants, shops. |
Oh we're talking about downtown/urban stadiums/arenas? Except for a few exceptions that have been around for decades (Fenway, Wrigley, MSG, Yankee Stadium), downtown stadiums are most usually found in B cities as part of an economic development tool to help revive a boring or decaying downtown. Philadelphia, thankfully, doesn't need that.
South Philly can keep all the stadiums, their sea of parking lots, and cheesy/chain bars and restaurants. |
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