Another Hostile Take Over Attempt By Comcast?

Comcast, plans for a new headquarters skyscraper in Philadelphia, which would use public subsidies that were intended to be used for cleaning up blighted neighborhoods.

1 minute read

February 21, 2004, 7:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


Despite a looming office vacancy increase, the State of Pennsylvania is considering offering subsidy incentives to Comcast so that it will be able to construct new headquarters in Central City Philadelphia. The Company and the State are looking at a piece of land situated in Central City that is subject to be designated as a Keystone Opportunity Improvement Zone, a state program offering generous tax abatements originally intended for blighted neighborhoods. The State argues that by giving the company what it wants it will have a snowball effect on other corporate relocations. The Company claims that it is perfectly fine for them to receive such special treatment because they will be adding 700 jobs to the downtown area. However, other real estate holders in Central City say that the incentives offered to this part of the city would leave them at a competitive disadvantage and would suck the life out of an already distressed office market.

Thanks to Brad Chranko

Wednesday, February 18, 2004 in The New York Times

Young Professional

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban and Environmental Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban and Environmental Planner

Get top-rated, practical training for planners

"Planetizen federal action tracker" logo superimposed over black and white image of US Capitol dome.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

September 30, 2026 - Zachary Whalen

The mayor of Baltimore speaks into a microphone in front of a rally for more state transportation funding from Maryland.

‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan

Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.

October 2, 2026 - Baltimore Sun

An old brick apartment building in NYC.

Mamdani sent nearly 6,000 pied-à-terre tax warnings to homes that didn’t qualify

A judge has ordered the administration to cancel thousands of pied-à-terre tax notices after it sent 35% of them erroneously.

October 3, 2026 - The City Reporter

An old brick apartment building in NYC.

Mamdani sent nearly 6,000 pied-à-terre tax warnings to homes that didn’t qualify

A judge has ordered the administration to cancel thousands of pied-à-terre tax notices after it sent 35% of them erroneously.

October 3 - The City Reporter

A rendering of the waterfront development, which shows a lit-up stage by the waterfront and people walking about.

Detroit to transform waterfront with $2.2 billion investment

Developers will convert about 18 acres of unused parking lot space into civic spaces.

October 2 - ABC 7

The mayor of Baltimore speaks into a microphone in front of a rally for more state transportation funding from Maryland.

‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan

Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.

October 2 - Baltimore Sun

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.

Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold

The course focuses on the opportunities and imperatives that shape reinvention of mall sites.

Senior Planner

City of Thousand Oaks

Community Development Director

City of Wisconsin Rapids

Professor of Urban Planning

Harvard University Graduate School of Design