Comcast Spectacor one-ups the Sixers with a smart, urban plan for the sports complex

Comcast's new plan for the Sports Complex will fill in the parking lots south of Pattison Avenue with a variety of buildings. A new concert venue would be located midway between the Wells Fargo Center and Citizens Bank Park . Comcast says it would turn Broad Street into a gracious residential boulevard lined with apartment towers and hotels.for a Center City arena or can’t wait for the games to begin, you have to agree that the team has done Philadelphia a great service.

The best idea in the plan — and the one that will be the most difficult to realize — addresses conditions on Broad Street. Comcast Spectacor wants to change the character of that wide road by lining the edge with apartments and hotels and introducing traffic-calming measures. While the Sixers argue that moving the team to Market Street would be a boost for SEPTA because more suburban fans are likely to take transit, those extra riders would come at a steep price. By building over Jefferson Station, the city’s second-busiest regional rail hub, the arena would

During an interview, Daniel Hilferty, head of Comcast Spectacor, insisted that the new plan is not simply a response to the Sixers’ proposed move. He says the company is fully committed to urbanizing the stadium district regardless of whether the city gives the Sixers This isn’t the first time Comcast Spectacor has talked about developing the sports complex into a mixed-use destination. In 2007, Comcast Spectacorwith Cordish Co. to build hotels, offices and restaurants along Pattison Avenue under the Philly Live! brand. That project was put on hold after the 2008 financial crash.

Source: Real Estate Daily Report (realestatedailyreport.net)

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