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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.
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.
Center City District (CCD) has retained a group of local artists to create a major display of new banners, currently being installed across Center City, to coincide with the partial reopening of businesses and the gradual return of workers and visitors to the downtown.
Pedestrian activity in Center City has continued its gradual two-year upward trend, buoyed by a substantial ongoing increase in downtown residents as well as the return of visitors and a slower but notable return of office workers, according to this new report from CCD/CPDC.
Downtown Rebounds examines the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.
The Center City District released its 2025 Annual Report outlining the organization's impact. The report provides an overview of the CCD's operations and highlights its accomplishments.
Pedestrian activity in Center City has continued its gradual two-year upward trend, buoyed by a substantial ongoing increase in downtown residents as well as the return of visitors and a slower but notable return of office workers, according to this new report from CCD/CPDC.