Part 5/9:
While the 76ers' ownership highlights the potential benefits of a new arena, including a community benefits agreement valued at $50 million, local groups and residents voice strong opposition. Organizations like Asian Americans United fear the transformation could displace residents and small businesses, referencing situations in other cities where similar developments caused harm to established communities.
Local critics argue that despite reassurances, the proposed arena could still adversely affect Philadelphia’s Chinatown. They cite experiences from cities like Washington, D.C., where the development of Capital One Arena led to the decline of both population and businesses in the Chinatown area.