The Philadelphia Business Journal recently updated its Crane Watch map, showcasing development projects in the region that are proposed, under construction, or recently completed. Thousands of apartments have been added—and hundreds removed—along with major retail and life sciences projects. A key update highlights the 76 Place Center City arena development. Mayor Cherelle Parker confirmed her support for the project and revealed that the Philadelphia 76ers ownership controls two properties on the south side of Market Street. These sites will be transformed into residential towers, adding 1,115 units near the proposed arena.

*Article courtesy of Philadelphia Business Journal

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