Philly is trying to gain control of East Market Street from the state. That could help the 76ers’ arena plan.

Philly is trying to gain control of East Market Street from the state. That could help the 76ers’ arena plan.

Some previous plans to revitalize East Market, the stretch of Market Street in Center City that runs from City Hall to Front Street, have been discarded or hindered by restrictions that come with state routes, such as added approvals needed to redesign the roadway or restrictions on outdoor advertising and digital displays.

Turning East Market into a city street would require Philly taxpayers to foot the bill for maintenance costs currently covered by PennDot, such as filling potholes and repaving. It’s possible that officials will negotiate a swap in which the city acquires East Market Street while the state takes control of other Philadelphia streets or bridges, an arrangement that could make the deal fiscally neutral.

“This aligns with our proposed plans and is an important step toward ensuring 76 Place is a benefit to the surrounding neighborhoods, the city as a whole, and the team’s fans,” she said. In 2014, PennDot took back control of all state routes in Philly — except East Market Street. The large digital displays now seen on several buildings on the corridorBut in 2016, PennDot took back control over advertising on East Market Street, as well, at the insistence of the Federal Highway Administration, which manages highway networks in partnership with states and said the city

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Could a slowdown in the Philly real estate market impact the city budget?The city expects to bring in about $110 million less in transfer tax revenue than initially projected by the end of the fiscal year in June.
Source: PhillyDailyNews - 🏆 89. / 67 Read more »

Deputies shoot armed man harassing customers at East LA marketDeputies were called to the scene for reports that the man, who was allegedly armed with a metal stick, was harassing people at El Tio Tono Market on Pomeroy Street.
Source: CBSLA - 🏆 552. / 51 Read more »

Nvidia Surpasses Entire Crypto Market as AI Hype Picks Up SteamNvidia's market cap has surpassed $2 trillion, outstripping the entire crypto market's valuation
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin Market Cap Records New ATH, Shiba Inu’s Double Digit Run Continues (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Canon Aims to Achieve Overwhelming Market Share in Mirrorless Camera MarketCanon's 2024 corporate strategy includes the goal of becoming the number one player in the mirrorless camera market. The company plans to establish an absolute position in the market by expanding its EOS R system and targeting video-oriented customers. Canon already leads in interchangeable lens mirrorless sales in the United States, but aims for a more dominant position.
Source: petapixel - 🏆 527. / 51 Read more »

Housing Market Update: Are Sellers Returning to the Market?Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
Source: Newsweek - 🏆 468. / 52 Read more »