Programming & Benefits
CPDC membership provides exclusive access to programming and networking opportunities to expand your business in Center City Philadelphia.
Members enhance the competitiveness of Center City through programming, planning and civic engagement.
On Friday, June 25, 2021, CPDC hosted a virtual membership meeting to review monthly transit, parking and pedestrian trends. Transportation leaders discussed how SEPTA is preparing for the return of office workers and the City is looking to balance the competing uses on Center City streets and avoid a return of traffic congestion.Read More
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.
Job recovery has been slow but steady. Employment increased by 3,500 jobs in May to 674,800, restoring 34% of 114,400 jobs lost in 2020. The percent of office workers back at desks remains low among larger firms; smaller firms came back more quickly. Residents, tourists and shoppers have brought pedestrian volumes back to 62% of June 2019. SEPTA ridership is up; outdoor cafes are flourishing. After Labor Day, higher ed, major firms and performing arts will all be back.
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.