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This is a transformational moment for Philadelphia, when investments in economic development funded by the American Rescue Plan (ARP) can be combined with the long-recommended changes to Philadelphia's tax structure to prompt faster and more equitable citywide job growth.
This CCD, CPDC report examines business density and the disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities.
How do we fashion the city we say we want: a growing, prosperous, diverse and inclusive place? Read the fall Digest newsletter to learn what CCD is doing to accelerate recovery and what more can be done by Philadelphia’s civic, business and political leaders.
The total number of workers, residents and visitors in Center City continued to rise in October 2023 to 82% of October 2019 levels, with the largest increases among workers and residents. Overall, the upward trend in pedestrian volumes for the last three and a half years is showing no signs of having reached any plateau.
Conditions prior to the current crisis. Philadelphia will rebound; underlying fundamentals remain strong. When recovery comes, we have strengths to build on, challenges to address.
On December 18, 2018, CPDC hosted a panel discussion with business leaders and asked them to highlight both the opportunities for more dynamic job growth in 2019 and the challenges and hurdles that Philadelphia needs to overcome to capitalize on these opportunities.
The steady, incremental lifting of pandemic-related restrictions has enabled retail, restaurant and service businesses gradually to reopen, drawing an increasing number of pedestrians back to Center City’s sidewalks and helping to restore thousands of jobs. This new report from CCD/CPDC tracks the rebound over the last three months.
The CPDC is pleased to announce the appointment of four distinguished real estate and business leaders to its Board of Directors’ Executive Committee. These new members bring exceptional expertise to help advance CPDC's mission of promoting economic growth and development in Center City Philadelphia.