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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.
The winter installment of Center City District Restaurant Week (CCDRW) wrapped up this past Sunday, with over 90 local eateries participating in the bi-annual dining deal. Celebrations, however, are just beginning as the program looks forward to welcoming a landmark occasion this fall. In September of 2023, CCDRW will return to commemorate its 20th anniversary.
Center City District offers ice skating, outdoor dining and cold weather fun through February 2022! Beginning this November, visitors of all ages can enjoy a dramatic seasonal transformation as fountains are replaced by the Rothman Orthopaedics Ice Rink and reindeer topiaries take up winter residence on the Greenfield Lawn. In addition, a full lineup of free entertainment is planned, including the Deck the Hall Light Show, the Made in Philadelphia Holiday Market and Rothman Orthopaedics Cabin.
The Center City District (CCD) surveyed restaurants and retailers in Center City to understand their need for expanded use of outdoor space to facilitate business reopening.
Sustained by a diversified retail customer base that includes the third largest downtown population in the U.S., workers, tourists, and regional visitors, Center City Philadelphia is on pace for the second consecutive year of positive net openings, according to the new Center City District/Central Philadelphia Development Corporation Center City Retail, November 2022.
This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay about economic recovery and the return to work, fall events in CCD parks, shopping, dining and entertainment promotions, CCD’s partnership with Project HOME, the Center City District Foundation, CCD/CPDC Reports and a recent CPDC hardhat tour.
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.
Can downtowns in the U.S. rebound and prosper? This fundamental question lingers more than three years after the global pandemic. This report seeks to counter misinformation and provide some of the data that can assist when making decisions and choosing actions that best support a robust and inclusive process of recovery.