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The newly released Quarterly Market Update Q2 2025 looks at the ever-shifting dynamics in Center City’s office market. The report brings together building performance with the latest research to provide a holistic look at both the economic environment and the on-street experience for Center City workers.
CCD President & CEO Prema Katari Gupta's cover essay offers a research-driven glance into downtown Philadelphia's residential growth and what it indicates for Center City, office and retail occupancy and the decrease of serious crime. Also inside: CCD Parks summer events, employee appreciation breakfast recap, the recently published State of Center City annual report and much more.
In this spring edition of the CCD/CPDC quarterly newsletter, President & CEO Prema Katari Gupta's essay, Celebration and Stewardship, reveals the newly created vision, mission, and value statements of CCD. Prema also explains that in times of citywide celebrations, all roads inevitably lead to the streets and public spaces of Center City.
As a preview of this year's State of Center City report, a look at Center City's retail makeup.
As a preview of this year's State of Center City report, a look at the hourly pedestrian traffic, by time of day.
This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay about the current status of recovery in Center City and what’s required from local leaders, a new promotion in CCD’s leadership team, streetscape improvements, the return of seasonal amenities to CCD Parks and the latest initiatives supported by CCDF.
Center City’s commercial core is experiencing a sustained process of recovery, with new businesses opening and existing retailers moving to new, often larger locations, according to the just-released CCD/CPDC Center City Retail Update. In the first quarter of 2022, taxable retail sales in the core of Center City reached 94% of 2019 levels and restaurant sales reached 74% of 2019 levels.
Center City’s modern office district is becoming more residential with the construction of new high-rise developments. New restaurants and retailers are opening to serve the district’s growing population.
The Center City District's quarterly newsletter. In this issue- a look at our new Plan and Budget; CSR profile; our new website and much more.