Quote:
Originally Posted by Baconboy007
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The 'Promise Zone' actually includes many of these skyscrapers, both existing and proposed. Here's a map of the promise zone:
http://www.phila.gov/Newsletters/PZoneAssets-Map.pdf
The following large scale projects fall within the 'Promise Zone':
- Lancaster Square
- 38th and Chestnut
- Proposed Police Headquarters
- 3737 Market
- 30th Street Station
- IRS Building
- Philadelphia Zoo
- The Railyards
- Cira Center
Probably a few more that I'm missing in that list, but needless to say, the 'Promise Zone' extends much further than the economic needs justify. I imagine the proposed tax incentives will be beneficial for Drexel, the Cira Center, and any future office development in the railyard / Market St area. I suppose we're a 'winner' in getting to tweak federal funds, which is a win for Philadelphia, but doesn't quite sit right with me. Really we need to reform our tax structure rather than carving out micro tax havens.