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City favors downtown casino proposals

MARKET8 Rendering
Rendering of MARKET8

Sep 24, 2013, 3:42pm EDT  | UPDATED: Oct 29, 2013, 11:09am EDT
Philadelphia Business Journal
 – Reporter

Philadelphia city officials praised two Center City casino proposals for the potential they have to reinvigorate downtown.

The proposals — the Provence proposal for the old Philadelphia Inquirer building on Broad Street and the Market8 plan for the 800 block of Market Street — were cited for their potential to attract a new audience and spur economic development while, at the same, not taking business from existing area casinos.

“If it’s done well, [Market8] could have a rejuvenative effect on a block that’s been bad for three decades,” said Alan Greenberger, deputy mayor for economic development. “It could attract a new audience with no negative impact on other casinos.”

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