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Center City’s commercial core is experiencing a sustained process of recovery, with new businesses opening and existing retailers moving to new, often larger locations, according to the just-released CCD/CPDC Center City Retail Update. In the first quarter of 2022, taxable retail sales in the core of Center City reached 94% of 2019 levels and restaurant sales reached 74% of 2019 levels.
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.