Monday, December 04, 2006

Philly Riverfront trying to break in.

photo courtesy of Philadelphia Inquirer

This is a fantastic article about the Foxwoods casino, proposed for South Philly.

The company behind Foxwoods, holding 30 percent of the investment, is a Connecticut-based Indian tribe. The Peguot Tribal nation owns the worlds largest bingo gallery, and has expanded its gambling facility to a $300 million dollar machine complete with cards, slots and entertainment.

I think this would be an amazing development for the city. Philadelphia is certainly never going to become an Atlantic City or Las Vegas. It probably won't even become a Biloxi. But, the land that Foxwoods wants to develop needs to be developed. Right now it is an empty, overgrown lot that attracts nothing but litter.

The United Artist Theater, Walmart and Home Depot workers stand in front of the chained link fence everday and toss WaWa coffee cups, gum wrappers, chip bags and cigarrette buts into the field. That's all it produces... filth.

If Foxwoods is approved, it will draw upwards of 10 million people each year into the dorment section of South Philly. According to this report, the resort in Connecticut draws 500,000 every week.

Sounds better than garbage to me.

Read more!


Interesting Temple link, Women's basketball coach and three-time Olympic medalist Dawn Staley is one of the investors of this project.

Joining her, among others, are Comcast-Spectacor chairman Edward Snider, developer Ronald Rubin, and Lou Katz's daughter, Melissa Silver.

These investors would comprise the other 70 percent of the profiteers.


They have committed 40 percent of the profits to benefit local community programs and underpriviledged children.

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