Recent comments in /f/philadelphia

ADFC t1_jdieuvj wrote

The Sixers are not a charity, they’re a sport organization. I don’t know why people are expecting them to act like Habitat for Humanity, even though they’re more than happy to invest 50M+ into the community…

Like it or not, the Sixers will not play in South Philly after 2030. Whether we lose million of tax revenue to Camden due to these bad faith arguments will be another story for later on.

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ADFC t1_jdiedia wrote

Because people are arguing in bad faith. An even better question to ask is: WHAT kind of proposal would Chinatown be okay with at this parcel? The way it’s currently zoned, any developer could plant a 40+ story tower/condo there with zero community engagement needed. Is that not going to cause the same amount of outrage as this project, even after the Girard was just built across the street with zero issue? Is that a better deal than the 50M+ in community funds the Sixers could offer to Chinatown to invest in keeping the neighborhood intact?

That’s what I really want to know because the fact of the matter is the current use of 10th and Market as a mall failed twice and the owners want out ASAP. This parcel will be changing soon regardless of opinion.

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CerealJello t1_jdie0ys wrote

Not necessarily. If you shift the tax burden from land + improvement to just land, most property taxes probably won't be impacted unless it's a vacant or underutilized lot. Usually a tax policy change like that would have to be done on a revenue neutral basis to prevent the average homeowner from seeing a big spike in taxes owed.

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