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Jobs are back, salaries are rising, Center City’s population continues growing, conventions, tourism and retail are all rebounding, and pedestrian vitality is almost fully restored in many portions of the downtown. Office vacancy, however, is rising, challenged by a partial return to office and reinforced by a wage tax that encourages suburban residents to remain remote.
CCD is supporting Center City’s recovery through deployment of additional sidewalk ambassadors, bike patrols and homeless outreach teams in partnership with public and private security.
This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay, highlighting the importance of accelerating Center City's recovery; CCD 2022 Budget Details, Outreach & Public Safety, Introduces CPDC's new Executive Director, CCD/CPDC Reports and Spring & Summer in Center City.
CCD is pleased to announce that for the 2019-2020 holiday season at Dilworth Park we’ve renewed our partnerships with Rothman Orthopaedic Institute, Independence Blue Cross and 6abc.
CCD, with support from Rittenhouse Row and the City of Philadelphia, plans to transform one of Philadelphia’s most popular shopping and dining destinations, 18th Street from Locust to Chestnut and Walnut Street from 15th to 19th, by temporarily closing streets to vehicular traffic.
This summer, CCD and EFFEN Vodka partner for the return of CCD SIPS, the highly anticipated happy hour tradition. For 14 weeks, beginning in June, Wednesday evenings turn into unforgettable experiences with friends, networking opportunities and a chance to explore new Center City offerings.
This new CCD/CPDC report analyzes the housing sector recovery in Philadelphia. While the pandemic impaired many parts of Philadelphia’s economy, both Greater Center City and citywide housing markets showed extraordinary resilience in the last year, buoyed by historically low interest rates and continued interest in city living.
Choose your narrative frame: Either good things take time; or it takes forever to get anything done in Philadelphia. The Viaduct Rail Park has been a long time coming.