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CCD President & CEO Prema Katari Gupta's cover essay offers a research-driven glance into downtown Philadelphia's residential growth and what it indicates for Center City, office and retail occupancy and the decrease of serious crime. Also inside: CCD Parks summer events, employee appreciation breakfast recap, the recently published State of Center City annual report and much more.
This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay about economic recovery and the return to work, fall events in CCD parks, shopping, dining and entertainment promotions, CCD’s partnership with Project HOME, the Center City District Foundation, CCD/CPDC Reports and a recent CPDC hardhat tour.
Recovery in Center City is gaining momentum. Workers are returning to offices; transit ridership and hotel occupancy are rebounding; arts and cultural institutions are welcoming audiences. The State of Center City 2022 tracks trends by industry.
On Wednesday, December 15, CPDC hosted a virtual membership meeting to review the CCD/CPDC’s December monthly update, Monitoring Philadelphia’s Economic Recovery and discuss with industry leaders the current status and future prospects for Center City’s office, health care, technology, retail and residential sectors.