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On Tuesday, May 11, 2021, CPDC hosted a virtual membership meeting to review the annual report State of Center City 2021 and the most recent recovery report, Monitoring Philadelphia’s Economic Recovery, May 2021. Industry leaders discussed what is needed for continued recovery and getting office workers, visitors and tourists to return to offices, reanimate hotels and restore jobs in Center City Philadelphia.
The mission of the CCD is to provide a clean, safe, well-managed downtown so Philadelphia can successfully compete as an attractive location for business, education and health care institutions, life sciences and for tourism, arts and entertainment, dining and shopping and as the fastest growing residential area in the city.
This winter edition of the CCD/CPDC quarterly newsletter includes the cover essay, which describes the transformation of third spaces and retail in Center City. It also highlights Dilworth Park attractions, staff stories and more.
This Center City District/Central Philadelphia Development Corp. annual housing report reveals unprecedented growth in Greater Center City's residential sector, with residential development reaching a 5-year high in 2024, according to new CCD research.
Our year-end 2024 Center City Retail Report pulls together the latest data on retail occupancy, demand, and leasing activity and explores emerging trends and opportunities that will shape Center City’s retail landscape in the coming years.
In this fall edition of the CCD/CPDC quarterly newsletter, the cover essay shares new findings from a CCD survey on the conditions of 45 Center City alleys. It also highlights the new City Hall lighting, Open Streets: West Walnut and much more.
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.
Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
On September 28, 2021, CPDC hosted an in-person panel discussion at the Union League about real estate industry trends, as highlighted in CPDC’s just released, annual Developments report (live link) The Union League required that everyone have proof of vaccination on hand and all attendees really appreciate the opportunity to catch at the first full, in-person CPDC meeting in 19 months.