Even though the pandemic interrupted development activity in the early spring, Center City saw a substantial volume of new investments in 2020 and continued confidence in the downtown. Building upon a decade-long, sustained national economic expansion, 25 development projects representing an estimated $3.4 billion investment were completed or in progress in Center City between Fairmount and Washington avenues, river to river in 2020. Another 40 projects with an estimated development value of $3.6 billion were in the planning or proposal phase. More than half are mixed-use projects with a residential component and five are solely residential. Remaining projects include two commercial/mixed-use developments, three hospitality investments, three cultural and health care developments and one public space improvement. For more details and a developments map, download the Developments chapter from State of Center City 2021 to the right.
The interactive Developments map below includes a sortable map that features Center City development projects are announced, modified and completed.
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