PPL Center: Difference between revisions

Coordinates: 40°36′9″N 75°28′22″W / 40.60250°N 75.47278°W / 40.60250; -75.47278
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Plans to build the PPL Center at the corner of 7th and Hamilton Streets in downtown Allentown were announced in late 2009. For much of 2009 and 2010, the focus of the project was on securing funding. The project took a major leap forward when in 2011, several properties were purchased by the city to help clear the way for the project to begin. By the end of January 2012, all of the properties had been purchased with final demolition of all buildings occurring in early February 2012.
Plans to build the PPL Center at the corner of 7th and Hamilton Streets in downtown Allentown were announced in late 2009. For much of 2009 and 2010, the focus of the project was on securing funding. The project took a major leap forward when in 2011, several properties were purchased by the city to help clear the way for the project to begin. By the end of January 2012, all of the properties had been purchased with final demolition of all buildings occurring in early February 2012.


==Financing==
==Controversy==
Much of the current concern about the PPL Center is centered on the huge cost of the arena relative to the cost of other dedicated [[American Hockey League]] arenas in the country. Some experts feel that the Allentown hockey arena benefited from funding a plan with no cap.<ref>{{cite news |title=Allentown Hockey Arena Costs Adding Up|first1=Scott|last1=Kraus|first2=Matt|last2=Assad|url=http://articles.mcall.com/2012-02-04/news/mc-allentown-hockey-arena-tab-20120203_1_hockey-arena-neighborhood-improvement-zone-acida|newspaper=[[The Morning Call]]|location=Allentown|date=February 4, 2012|accessdate=August 17, 2012}}</ref> As of October 2012 $224.3 million in bonds have been sold.<ref name="cost"/><ref>{{cite news |title=Arena on Track to Rise in Fall With Pennsylvania Steel|first=Scott|last=Kraus|url=http://articles.mcall.com/2012-07-11/news/mc-allentown-arena-construction-20120711_1_neighborhood-improvement-zone-sara-hailstone-acida|newspaper=[[The Morning Call]]|location=Allentown|date=July 11, 2012|accessdate=August 17, 2012}}</ref><ref>{{cite news |title=Allentown Completes Bond Sales, Receives Funding for Hockey Arena Project|first=Peter|last=Panepinto|url=http://www.lehighvalleylive.com/allentown/index.ssf/2012/10/allentown_completes_bond_sales.html|newspaper=[[The Express-Times]]|location=Easton|date=October 2, 2012|accessdate=October 2, 2012}}</ref>


In addition to the funding issues, there has been much debate about the economic feasibility of the project, which is in an urban, high crime area that has limited parking available as well as the limited seating capacity of the arena. Also, concerns have risen that the project may not generate enough revenue to cover the cost of construction, which has more than doubled from its initial estimate.
Some experts feel that the Allentown hockey arena benefited from funding a plan with no cap.<ref>{{cite news |title=Allentown Hockey Arena Costs Adding Up|first1=Scott|last1=Kraus|first2=Matt|last2=Assad|url=http://articles.mcall.com/2012-02-04/news/mc-allentown-hockey-arena-tab-20120203_1_hockey-arena-neighborhood-improvement-zone-acida|newspaper=[[The Morning Call]]|location=Allentown|date=February 4, 2012|accessdate=August 17, 2012}}</ref> As of October 2012 $224.3 million in bonds have been sold.<ref name="cost"/><ref>{{cite news |title=Arena on Track to Rise in Fall With Pennsylvania Steel|first=Scott|last=Kraus|url=http://articles.mcall.com/2012-07-11/news/mc-allentown-arena-construction-20120711_1_neighborhood-improvement-zone-sara-hailstone-acida|newspaper=[[The Morning Call]]|location=Allentown|date=July 11, 2012|accessdate=August 17, 2012}}</ref><ref>{{cite news |title=Allentown Completes Bond Sales, Receives Funding for Hockey Arena Project|first=Peter|last=Panepinto|url=http://www.lehighvalleylive.com/allentown/index.ssf/2012/10/allentown_completes_bond_sales.html|newspaper=[[The Express-Times]]|location=Easton|date=October 2, 2012|accessdate=October 2, 2012}}</ref>


==See also==
==See also==

Revision as of 19:48, 18 March 2013

PPL Center

File:PPL Center concept.png
Map
LocationCorner of Hamilton and 7th St, Allentown, Pennsylvania 18102
OwnerCity of Allentown
OperatorComcast Spectacor
Capacity8,500 for hockey,
10,000 for concerts
SurfaceMulti-surface
Construction
Broke groundJanuary 3, 2012 (site demolition)[1]
November 29, 2012 (official)[2]
OpenedOctober 2014 (expected)[3]
Construction cost$272 million (Estimated)
ArchitectSink Combs Dethlefs
Elkus Manfredi
Project managerHammes Company Sports Development, Inc.
General contractorAlvin H. Butz Jr.[4]
Tenants
Lehigh Valley Phantoms (2014-future)

PPL Center is an arena under construction in Allentown, Pennsylvania scheduled to open in Fall 2014. Its naming rights are owned by the PPL Corporation, which is headquartered in Allentown. PPL paid an undisclosed sum over ten years.[5]

Overview

The arena is part of a larger redevelopment project of the central business district of Allentown. The project encompasses a 5-acre square square block area, in which several new structures are planned to be erected:[5]

Competition on Building Sites

Rebuilding an arena on the site of the Spectrum in Philadelphia was rejected in favor of the more profitable Xfinity Live! project and a new 300 room hotel. The competition to build a new arena for the Phantoms in 2008 was primarily between Allentown and Camden, New Jersey.[6] While Camden was closer, Allentown had a more elaborate proposal which helped secure Allentown's bid for the team.

Plans to build the PPL Center at the corner of 7th and Hamilton Streets in downtown Allentown were announced in late 2009. For much of 2009 and 2010, the focus of the project was on securing funding. The project took a major leap forward when in 2011, several properties were purchased by the city to help clear the way for the project to begin. By the end of January 2012, all of the properties had been purchased with final demolition of all buildings occurring in early February 2012.

Controversy

Much of the current concern about the PPL Center is centered on the huge cost of the arena relative to the cost of other dedicated American Hockey League arenas in the country. Some experts feel that the Allentown hockey arena benefited from funding a plan with no cap.[7] As of October 2012 $224.3 million in bonds have been sold.[5][8][9]

In addition to the funding issues, there has been much debate about the economic feasibility of the project, which is in an urban, high crime area that has limited parking available as well as the limited seating capacity of the arena. Also, concerns have risen that the project may not generate enough revenue to cover the cost of construction, which has more than doubled from its initial estimate.

See also

References

  1. ^ McEvoy, Colin (January 3, 2012). "As Allentown Hockey Arena Demolition Begins, New Business Announces Office Opening". The Express-Times. Easton. Retrieved August 17, 2012.
  2. ^ Kraus, Scott; Assad, Matt (November 29, 2012). "Phantoms, Allentown Formally Launch Arena Construction". The Morning Call. Allentown. Retrieved January 31, 2013.
  3. ^ Assad, Matt; Kraus, Scott (September 6, 2012). "Allentown Arena Won't Open Until 2014". The Morning Call. Allentown. Retrieved November 27, 2012.
  4. ^ Lash, Devin (April 4, 2012). "Allentown Zoners Approve Butz's $10M Expansion Downtown". The Morning Call. Allentown. Retrieved August 17, 2012.
  5. ^ a b c "Allentown hockey arena will be PPL Center". Lehigh Valley Live. Allentown. February, 2013. Retrieved February 27, 2013. {{cite news}}: Check date values in: |date= (help) Cite error: The named reference "cost" was defined multiple times with different content (see the help page).
  6. ^ Blockus, Gary R. (September 6, 2008). "Faceoff for Minor League Hockey Team?". The Morning Call. Allentown. Retrieved August 17, 2012.
  7. ^ Kraus, Scott; Assad, Matt (February 4, 2012). "Allentown Hockey Arena Costs Adding Up". The Morning Call. Allentown. Retrieved August 17, 2012.
  8. ^ Kraus, Scott (July 11, 2012). "Arena on Track to Rise in Fall With Pennsylvania Steel". The Morning Call. Allentown. Retrieved August 17, 2012.
  9. ^ Panepinto, Peter (October 2, 2012). "Allentown Completes Bond Sales, Receives Funding for Hockey Arena Project". The Express-Times. Easton. Retrieved October 2, 2012.

40°36′9″N 75°28′22″W / 40.60250°N 75.47278°W / 40.60250; -75.47278

External links