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After decades of job loss, Philadelphia has enjoyed nine straight years of job growth that accelerated in 2014. Despite the recent upturn however, the city has rebounded more slowly than most peer cities.
This CCD/CPDC annual housing report examines Center City Philadelphia's residential sector momentum and the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.
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.
Center City’s retailers and restaurants welcome back Philadelphia residents and visitors with exclusive promotions and VIP events during this all-day shopping and dining event.
The Rothman Orthopaedics Ice Rink at Dilworth Park will close for the winter season on Sunday, February 23 along with the Rothman Orthopaedics Cabin.
Experience the best of winter on Saturday, January 20 as the annual Dilworth Park Ice Festival supported by Verizon returns with fun for all ages.
CCD plans to expand its popular street closure program for the first time this summer with the launch of Open Streets: Midtown Village. On four consecutive Sundays this June.
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.
More than 100 volunteers from Timberland visited the Rail Park on October 13 assisting with the installation of approximately 25,000 square feet of landscaping.