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The total number of workers, residents and visitors in Center City continued to rise in October 2023 to 82% of October 2019 levels, with the largest increases among workers and residents. Overall, the upward trend in pedestrian volumes for the last three and a half years is showing no signs of having reached any plateau.
For two decades, the fastest growing residential section of Philadelphia has been Greater Center City. In 2022, the downtown rebound was built on decades of success: At just 5.8% of the city’s land area, Greater Center City accounted for 48% of the city’s total supply of new housing units.
City and state officials, philanthropic organizations, cultural and business leaders, neighbors and civic groups joined CCD President and CEO Paul R. Levy and members of the public for a ribbon cutting ceremony to celebrate the official opening of Phase 1 of the Rail Park.
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.
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.
Philadelphia has emerged as a standout performer in employment growth among major U.S. cities, according to the Philadelphia Employment Report 2025, which examined 15 years of job market data. The report reveals that despite ongoing challenges in the office sector, Philadelphia has demonstrated remarkable resilience and growth in its overall employment base.
City's employment recovery surpasses national average while downtown talent concentration reaches historic highs, new report finds.