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Sustained by a diversified retail customer base that includes the third largest downtown population in the U.S., workers, tourists, and regional visitors, Center City Philadelphia is on pace for the second consecutive year of positive net openings, according to the new Center City District/Central Philadelphia Development Corporation Center City Retail, November 2022.
The 2023-2027 Plan and Budget for the CCD was unanimously approved by City Council and signed into law after being overwhelmingly approved by District property owners. The CCD's focus remains on ensuring a clean, safe, attractive, well-managed public environment for downtown Philadelphia.
Philadelphia’s largest employment center and fastest growing residential section is showing unprecedented signs of growth and new investment, according to the newly released State of Center City, 2016, produced by the Center City District (CCD) and Central Philadelphia Development Corporation (CPDC).
Center City District SIPS is back, and it’s not just bars and restaurants that benefit.
To extend the holiday shopping and entertainment into the New Year, Center City District (CCD) is sponsoring Restaurant Week, beginning Sunday, January 9 and continuing through Friday, January 21, 2022. Dozens of local restaurants will participate in this biannual prix-fixe dining promotion that highlights some of the city’s most diverse culinary venues.
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.