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Greater Center City Philadelphia leads city in housing growth, with residential development reaching a 5-year high in 2024, according to new CCD research.
Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
Center City’s transformation into a 24-hour downtown is reflected in its burgeoning retail scene, with residential, convention and tourism growth expanding beyond the historic customer base of office, education and health care employees and students.