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Our year-end 2024 Center City Retail Report pulls together the latest data on retail occupancy, demand, and leasing activity and explores emerging trends and opportunities that will shape Center City’s retail landscape in the coming years.
In this fall edition of the CCD/CPDC quarterly newsletter, the cover essay shares new findings from a CCD survey on the conditions of 45 Center City alleys. It also highlights the new City Hall lighting, Open Streets: West Walnut and much more.
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.
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.
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.