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Since 2015, more people had been moving from New York City to Philadelphia than had been moving from Philadelphia to New York City, based on a CCD analysis of Census data.
This report examines downtown Philadelphia's burgeoning residential market.
At a fundraiser at Dilworth Park attended by 650 people, business leaders marking the 25th anniversary of the Center City District and the 60th anniversary of Central Philadelphia Development Corporation gathered as the Center City District Foundation (CCDF) announced an expanded role and new board.
This special edition of the CCD and CPDC quarterly newsletter documents this extraordinary year in photos and features CCD President, Paul R. Levy's letter, Ready to Rebound in 2021.
With pedestrian volumes on Center City sidewalks last month reaching the highest point since March 2020, the CCD is expanding its existing clean and safe programs by launching an additional uniformed, unarmed bicycle safety patrol within the District during afternoon and evening hours. This new shift will focus on entertainment and dining areas from 3 p.m. to 11:30 p.m. to support significant increase in returning shoppers, visitors & workers.
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.