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CCD released its 2024 real estate development report, highlighting the continued evolution of downtown Philadelphia.
New report shows 185,000 residents, 300,000 workers, 3.1 million occupied hotel room nights and more than 117,000 college students generate more than $1 billion in annual retail demand for Center City Philadelphia.
Center City District continues to provide year-round activities in Dilworth Park as free arts and culture programming extends into the fall with support from PNC Bank. Returning events include Live @ Lunch presented by PNC, which begins on Wednesday, September 7 and continues every Wednesday and Thursday through October 13, and The Arts on Center Stage Encore, which will be hosted on select Wednesday and Thursday evenings from September 1 through September 14. Attendance is free for everyone.
This annual report looks at Center City retail market trends, including an analysis of retail demand, demographics, annual retail survey results, pedestrian counts and a map of new major retailers.
Philadelphia’s largest employment center and fastest growing residential section is showing unprecedented signs of growth and new investment, according to the newly released State of Center City, 2016, produced by the Center City District (CCD) and Central Philadelphia Development Corporation (CPDC).