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In advance of the release of State of Center City 2018, an Op-ed by CCD president and CEO Paul Levy.
Center City Philadelphia holds 43% of all jobs citywide with a workforce from every neighborhood in the city, with more than 100,000 being employed in the office district. This spring and summer, Center City District (CCD) will celebrate and support Center City in-office employees by hosting free, outdoor events on West Market and JFK Boulevard.
A highlight of the season, Center City District Restaurant Week, sponsored by TD Bank and OpenTable, is back this September. It will run 10 consecutive days, including Saturday, for most of the 120 participating restaurants offering a variety of culinary delights.
At the start of 2020, before the pandemic upended daily life and shook every aspect of the city’s economy, Philadelphia was in its 11th straight year of growth. Now, as vaccination rates rise and vitality is steadily returning to the downtown and neighborhoods throughout Philadelphia, the CCD and CPDC are releasing a pair of reports which look at the past year’s challenges and track multiple indicators of recovery.
Center City’s commercial core is experiencing a sustained process of recovery, with new businesses opening and existing retailers moving to new, often larger locations, according to the just-released CCD/CPDC Center City Retail Update. In the first quarter of 2022, taxable retail sales in the core of Center City reached 94% of 2019 levels and restaurant sales reached 74% of 2019 levels.
This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay about the current status of recovery in Center City and what’s required from local leaders, a new promotion in CCD’s leadership team, streetscape improvements, the return of seasonal amenities to CCD Parks and the latest initiatives supported by CCDF.