November 19 was a full day of testimony at City Hall as Philadelphia councilmembers heard about the proposed 76ers arena from several groups.
Everyone from unions to business owners in Chinatown to officials from SEPTA testified.
“Econsult Solutions ran the numbers and found that SEPTA’s construction-related costs could total $20 million to $50 million over the six years of the construction process. SEPTA is committed to working with the Sixers to keep that impact on the low end of that range if possible,” said SEPTA Chief of Staff Liz Smith.
The Sixers have made it clear that they will cover the costs of renovating Jefferson Station, which would be right below the proposed arena. However, they will not cover event-related operating expenses for SEPTA.
READ MORE: Councilmember Squilla addresses community concerns over proposed Sixers arena in Center City
Leaders address community concerns over proposed Sixers arena in Center City
Smith also testified that increased demand caused by a new arena could cost the struggling transportation company $20 to $25 million per year for running extra trains and bus routes.