(PHILADELPHIA – September 30, 2024) – Dear Members of the African American Chamber of Commerce,
We are pleased to acknowledge the recent announcement by the Mayor of Philadelphia, affirming her support for the Philadelphia 76ers’ project to build a new arena at Market East. From the inception of this initiative, we have been steadfast in our support, recognizing the immense potential it holds for advancing Black economic opportunities in our city. The project’s commitment to a 40% participation rate across Black-owned concessionaires and other business opportunities is vital to equitable growth and prosperity across the region.
We greatly appreciate Mayor Parker’s thoughtful and diligent approach to reviewing all aspects of this project. Her careful consideration of the broader impact on the city, especially the economic upliftment it promises for all Philadelphians, is commendable.
This decision reinforces a path forward that aligns with our shared vision of inclusive economic growth, and we look forward to continuing our engagement to ensure these opportunities are realized.
Regina A. Hairston Jovan T. Goldstein
President & CEO Chairman, Board of Directors
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About the African-American Chamber of Commerce of PA, NJ, and DE
The African-American Chamber of Commerce of PA, NJ, and DE (AACC) is the leading advocate for minority-owned businesses in the Delaware Valley and Southeastern Pennsylvania. The AACC enhances the growth and effectiveness of African-American-owned businesses by working within the community to improve economic conditions, furthering businesses’ interests by serving as a convener and influencer in government, and providing programming and facilitating partnerships that help members access needed resources.