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.
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.Read More
This new CCD/CPDC report examines the current state of the downtown restaurant and retail sectors. Using pedestrian, transit and parking occupancy counts and detailed visual surveys of almost 2,000 retail premises, conducted by CCD staff, the report provides a close-up look at business conditions, supplemented with information from the commercial office sector, employment trends, housing market data and ecommerce trends.
This CCD and CPDC monthly report documents how the pandemic negatively affected most sectors in the city with the greatest job losses in hotels, restaurants, bars, specialty retail, airlines, arts and entertainment. The ramping up of vaccinations is laying the foundation for recovery for Philadelphia’s economy and for the vitality of Center City.
In October, CPDC surveyed its members and Board members of the CCD to determine what percent of their employees were currently working in the office downtown, the expected timetable for the majority to return, the most important factors that needed to be addressed to facilitate a return to the office, and the biggest advantages of a safe return.
An online survey of CPDC members and CCD Board was conducted in the last two weeks to determine the expected timing of a return of workers to the office and to assess factors that respondents believe should be addressed to facilitate the return to work.
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.
State of Center City 2020 is a comprehensive overview of market conditions downtown at the end of 2019, before the impact of the current crisis. It provides detailed profiles of the diverse sectors that drove ten straight years of employment growth, highlighting strengths and challenges as we entered 2020.Read More
On Wednesday, December 15, CPDC hosted a virtual membership meeting to review the CCD/CPDC’s December monthly update, Monitoring Philadelphia’s Economic Recovery and discuss with industry leaders the current status and future prospects for Center City’s office, health care, technology, retail and residential sectors.
This CCD, CPDC report suggests that Philadelphia should increase its commitment to quality of life investments and resume its prior commitments to tax reduction, in order to retain and attract residents and businesses and spur widespread and inclusive private-sector job growth.