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This new CCD/CPDC report analyzes the housing sector recovery in Philadelphia. While the pandemic impaired many parts of Philadelphia’s economy, both Greater Center City and citywide housing markets showed extraordinary resilience in the last year, buoyed by historically low interest rates and continued interest in city living.
Philadelphia’s Rail Park, inspired by New York City’s High Line, is one of 19 projects included in the High Line Network – a group of infrastructure reuse projects across North America.
Center City District is getting set to celebrate fall with a season-long schedule of events for the whole family at Dilworth Park. The autumn lineup, supported by The Met Philadelphia, opening in December, includes the return of perennial favorites and the addition of brand-new programming.
Center City District (CCD) is launching an advertising campaign across multiple media platforms to promote Philadelphia’s restaurants during the coldest winter months from January through March. The new campaign encourages the public to patronize restaurants through takeout orders, because not all restaurants have been able to install heated outdoor dining areas and the return to indoor dining will probably be gradual when it begins.
As Philadelphia marks the two-year anniversary of the mandated citywide COVID-19 shutdown on March 16, 2020, Center City continues to show promising signs of recovery, buoyed by rising numbers of pedestrians who are supporting increases in retail and restaurant sales, local tax revenue, new store openings and downtown vibrancy.
This summer, CCD and EFFEN Vodka partner for the return of CCD SIPS, the highly anticipated happy hour tradition. For 14 weeks, beginning in June, Wednesday evenings turn into unforgettable experiences with friends, networking opportunities and a chance to explore new Center City offerings.
This report compares Philadelphia to five other urban areas in United States. It documents how Philadelphia lags in firms that sell services nationally and globally, but suggests that if we replicate the success achieved by others, we will grow more family-sustaining jobs and a prosperous network of small, local businesses.