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The mission of the CCD is to provide a clean, safe, well-managed downtown so Philadelphia can successfully compete as an attractive location for business, education and health care institutions, life sciences and for tourism, arts and entertainment, dining and shopping and as the fastest growing residential area in the city.
This Center City District/Central Philadelphia Development Corp. annual housing report reveals unprecedented growth in Greater Center City's residential sector, with residential development reaching a 5-year high in 2024, according to new CCD research.
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.
This newly released Quarterly Market Update for Q1 2025, highlights the positive trends in Center City’s office market.
This spring edition of the CCD/CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay about the current status of recovery in Center City and what’s required from local leaders as well as details about CCD's 2023 budget, leadership transition, employee service recognitions, upcoming CCD park events and the latest CCDF supported initiatives.
CCD President & CEO Prema Katari Gupta's cover essay outlines CCD's continued focus on "clean and safe," the expanded services we are committing to these priorities and the improvements the city has made and challenges we still face. Also inside: research reports, spring events, renovations on Jewelers’ Row and more.
A new video from Philly By Drone, with the latest updates on construction of The Rail Park.
Citywide employment has fully rebounded from the spring 2020 shutdown with 2.4% more jobs in October 2023 than in February 2020. But there is a difference between the return of workers to payrolls and the return of full vitality to Center City. The report suggests ways to accelerate the job growth and business formation rates in Philadelphia.