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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.
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.
Center City’s modern office district is becoming more residential with the construction of new high-rise developments. New restaurants and retailers are opening to serve the district’s growing population.
Upon the publication of this year's State of Center City report, the Inquirer published a column by CCD President & CEO Paul Levy
After a two-year hiatus, workers returning to the office will have the opportunity to socialize with colleagues after hours with the return of Philadelphia’s favorite happy-hour tradition: Center City District Sips.
The CCD’s plan and budget for 2023-2027 shows the continued primary focus on the basics, devoting more than threequarters of assessment revenues to programs for a clean, safe, attractive and well-managed public environment.
On September 28, 2021, CPDC hosted an in-person panel discussion at the Union League about real estate industry trends, as highlighted in CPDC’s just released, annual Developments report (live link) The Union League required that everyone have proof of vaccination on hand and all attendees really appreciate the opportunity to catch at the first full, in-person CPDC meeting in 19 months.