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The vitality and economies of U.S. downtowns have steadily improved since 2020. This major new CCD/CPDC report measures the recovery rates of 26 U.S. downtowns since then using various metrics, including employment, hotel occupancy, retail sales, and housing prices and rents.
Every winter, visitors from across the region come to Center City to enjoy holiday traditions found only in Philadelphia. From the Macy’s Light Show and Santa sightings to City Hall’s Holiday Tree, Christmas Village and the Comcast Holiday Spectacular, major attractions can be found in every part of the Center City District (CCD). This year, plan the perfect holiday excursion while exploring the many shopping, dining and arts & culture destinations that define the District year-round.
Citywide employment has fully rebounded from the spring 2020 shutdown with 2.4% more jobs in October 2023 than in February 2020. But there is a difference between the return of workers to payrolls and the return of full vitality to Center City. The report suggests ways to accelerate the job growth and business formation rates in Philadelphia.
This CCD, CPDC report examines business density and the disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities.
More than 90 chefs and restaurateurs will showcase their best dishes in a prix-fixe, three course menu.