Central Philadelphia Development Corporation

CPDC membership provides exclusive access to programming and networking opportunities to expand your business in Center City Philadelphia.

Since its inception, CPDC has undertaken a number of initiatives to make Center City Philadelphia a more competitive place to do business.

Learn more about Industry leaders who are invested in the future of Center City Philadelphia.

Your business belongs in the heart of Philadelphia, the 5th largest metropolitan region in the country, a destination of choice for companies seeking a thriving urban setting.

Join the hundreds of business leaders making a difference in Center City.

As Philadelphia heads into late summer, there are multiple signs of recovery, supported by rising vaccination rates, but tempered by the spread of the new Delta variant among those who are not vaccinated. The more employers move towards requiring vaccinations, the sooner we will restore all the jobs we lost last year.

State of Center City 2021: Restoring, Returning, Reanimating, is a comprehensive overview of marketplace conditions in Philadelphia at the end of 2020. It provides detailed profiles of the diverse employment sectors that comprise the downtown economy, highlighting strengths and challenges as we entered 2021. It includes information on housing and transportation trends and serves as a report on CCD operations and their impact in the last year.

This is a transformational moment for Philadelphia, when investments in economic development funded by the American Rescue Plan (ARP) can be combined with the long-recommended changes to Philadelphia's tax structure to prompt faster and more equitable citywide job growth.

CPDC's bi-weekly newsletter with a roundup of real estate, development, economic, government and other news concerning Center City Philadelphia.

Greater Center City housing markets showed extraordinary resilience in the last year. While the pandemic impaired many parts of Philadelphia’s economy, the housing sector recovered quickly citywide, buoyed by historically low interest rates and continued interest in city living.

Demand for Center City retail has been built upon a diversified base of office, education and health care workers, a large and growing downtown population and an expanding number of tourists and convention attendees. At the center of the region’s highway and transit system, Center City is the most concentrated employment node in the region, hosting 42% of Philadelphia’s jobs, creating opportunity for residents of all city neighborhoods and surrounding counties.