A study found that a Philadelphia Chinatown arena could negatively impact the area.
Philadelphia, we have a problem. BJH Advisors and Sojourner Consulting, the company charged with doing an impact study of building a 76ers basketball arena in Philadelphia’s Chinatown, did not come back with a total and glowing endorsement of positive impacts of building a venue in Chinatown. The report claimed that one in five of Chinatown’s small businesses would benefit from the proposed arena, while about half would see negative effects. The report claimed that the businesses that are positioned to benefit are primarily in the entertainment, food and hotel sectors. The arena will offer entertainment, that is a given and people will need to eat but why would people want to stay in a hotel because it is near an arena? If it is a luxury hotel, the other 29 NBA teams or maybe 31 by the …