By Inga Saffron, The Philadelphia Inquirer (TNS) The Sixers and Comcast Spectacor have found common ground: East Market Street in Philadelphia needs significant revitalization. However, their proposed solutions are vastly different. The Sixers want to build an arena on Market Street, presenting it as a catalyst for reviving the retail corridor, saving the Fashion District mall, and boosting SEPTA’s Jefferson Station. Initially, this seemed plausible, given the city's lack of meaningful planning since 2009. But Comcast Spectacor offers an alternative vision: converting the mall into a biomedical research hub, akin to West Philadelphia’s life sciences district.

These contrasting strategies highlight two poles of post-pandemic urban planning. Some cities are transforming downtowns into entertainment hubs, while others focus on innovation and wealth creation. Both approaches can contribute to a vibrant 21st-century downtown, but which is better for Market Street? City-funded studies have mainly examined the economic impact of the Sixers’ arena and its effects on Chinatown. They concluded that the Fashion District’s future is bleak but did not assess whether an arena alone could rejuvenate Market Street. Conversely, lab buildings promise steady, weekday activity.

Comcast Spectacor’s plan includes mixed-use development with retail, healthcare facilities, and substantial lab space. While there is a national surplus of lab space, demand remains strong in Philadelphia, especially near Jefferson Health. However, Comcast Spectacor’s plan lacks committed funding; it aims to facilitate development rather than finance it. Despite this, the plan deserves consideration. It proposes significant changes, such as removing sky bridges that cast shadows and block sight lines, restoring light to city streets, and enhancing views of Chinatown’s gate. Unlike an arena, a biomedical hub would integrate into Chinatown, supporting local restaurants and businesses.

It would also maintain Jefferson Station’s character and functionality, contrasting with potential disruptions from arena construction. Supporters of the Sixers’ arena argue it would increase transit use, but parking demands would persist, impeding other developments. While New Jersey has offered a site and tax credits to the Sixers, it's less accessible than the current sports complex. Comcast Spectacor believes a reconciliation with the Sixers is possible, though unlikely. Ultimately, their plan offers a viable alternative to revitalize Market Street, providing Philadelphians with a choice for their city’s future.

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