FOR IMMEDIATE RELEASE
PHILADELPHIA (May 5, 2022) – Today at the Central Philadelphia Development Corporation’s (CPDC) quarterly meeting, Center City District (CCD) released State of Center City 2022, an annual data-driven overview, organized by employment sector, that examines the latest trends in both in Center City and in the broader Philadelphia economy.
Distilling a wealth of up-to-the-minute data from city, state, and national agencies; local organizations and businesses; and CCD’s own surveys, pedestrian counts, research and analysis, this comprehensive 70-page report makes policy recommendations for local leaders on how Philadelphia can fully recover from the last two years of disruption and catch up with peer cities in long-term, family sustaining job growth that creates opportunity for all. Among the key findings in this year’s report:
Our recovery so far:
Our ongoing challenges:
Our To-Do List to Accelerate Recovery:
“When CCD began 31 years ago, Philadelphia was facing similar daunting challenges,” CCD President Paul R. Levy said. “Today we have many more assets and amenities to reactivate. We simply need the will, commitment and leadership to do it again.”
This year’s State of Center City begins with economic and vitality indicators we have tracked in monthly reports for the last two years. It documents a city that has restored 70% of jobs lost in the first two months of the pandemic, but still lags behind an 11-county region that has regained 84% of lost jobs in a nation that has regained 87%.
The second chapter highlights the work of 148 on-street CCD staff who did not miss a single day in the last two years, expanding cleaning and safety services and reducing the daytime on-street homeless population by 25%. CCD staffers animated and programmed four parks, supported sidewalk-level businesses with restaurant and retail promotions and streetscape enhancements, while tracking and encouraging the full return to work.
Subsequent chapters of the report document the state of recovery of major employment sectors and transportation systems, highlighting the remarkable resilience of housing markets and the continuing confidence of investors and developers in Philadelphia’s downtown.
“Among Center City’s extraordinary strengths is its role as a transit-oriented, regional center with opportunities for workers at all educational and skill levels. Office, education and health care, which offer many high-skilled jobs, are also prime drivers of an economic ecosystem in which one-third of downtown jobs require only an associate degree, while another third, just a high-school degree,” Levy said. “Remote work may be convenient for some, but the return of office workers is crucial for businesses, cultural institutions and the 70,000 workers in the center of the city.”
State of Center City 2022 is available at centercityphila.org/socc.
May 5, 2022 | Philadelphia needs more workers to return to fully recover, says Center City District, Audacy
May 5, 2022 | Center City district calls for more businesses in Philadelphia to return to office, WHYY
May 5, 2022 | Philly’s got more tourists, conventions, restaurants and shows. So why haven’t workers come back?, The Philadelphia Inquirer
Center City District, a private-sector organization dedicated to making Center City Philadelphia clean, safe and attractive, is committed to maintaining Center City’s competitive edge as a regional employment center, a quality place to live, and a premier regional destination for dining, shopping and cultural attractions. Find us at www.centercityphila.org and on Facebook and Twitter.