When Bad Ideas Fly—II
Ronald Rubin—Chairman, CEO and trustee, Pennsylvania Real Estate Investment Trust, and a major financial supporter of Pennsylvania Governor Ed Rendell and State Sen. Vincent J. Fumo (D. Phila.).
Melissa Silver—Daughter of Lewis Katz, a partner in the New Jersey Nets basketball team.
Garry Maddox—Eight-time Gold Glove Phillies center fielder and hero of the 1980 World Series, CEO of A. Pomerantz & Co., a furniture company, and board member of the Federal Reserve Bank in Philadelphia.
Quincy Jones—Recording industry celebrity and winner of 26 Grammys.
Dawn Staley—Temple University women’s basketball coach and three-time Olympian chosen to carry the American Flag in the 2004 summer games opening ceremony.
Sylvia DiBona—Widow of G. Fred DiBona Jr., former Independence Blue Cross president and CEO.
Foxwoods will be situated on 16.5 acres of vacant land on the Delaware River, adjacent to one large shopping mall and across the street from several others. The final complex—156,000 sq. ft. with an eight-story parking garage for 5,400 cars—will house 5,000 slot machines.
The $560 million project is expected to create 950 jobs and annually generate a city tax revenue of $25.3 million and a state tax revenue of $185.5 million.
The Problem: You Can’t Get There From Here
At the end of this story is a map of the area showing the locale of Foxwoods.
The vast blank areas around the Foxwoods property represent shopping malls, strip malls, businesses, condos and office complexes, where thousands of neighbors come every day to live, shop, dine and work. Here are more than 60 retailers, restaurants and workplaces ranging from small convenience shops, gas stations, a tanning parlor and bookshop, to giant box stores such as Lowe’s, IKEA, Best Buy, The Home Depot and Wal-Mart.
To the east of Foxwoods is the Delaware River. No entrance and no exit is possible unless you swim.