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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.
Downtown Rebounds examines 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.
Center City District (CCD) has retained a group of local artists to create a major display of new banners, currently being installed across Center City, to coincide with the partial reopening of businesses and the gradual return of workers and visitors to the downtown.
Parkway Pals Play Day at Sister Cities Park will return for the first time since 2019 on Saturday, May 7 from 11 a.m.-3 p.m. with free activities and entertainment for children and their families. The all-day celebration of laughter and learning is the official kick-off event for Parkway Pals, a summertime educational series that brings nearby cultural institutions outside for kid-friendly programming.