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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.
As Philadelphians welcome a new year, and a new decade, with excitement, Dilworth Park continues to provide free to low-cost fun to visitors of all ages. Winter events and amenities will remain in operation through February 23.
For the last two decades, Greater Center City has been the fastest growing residential section of both Philadelphia and the entire region. After a temporary dip in population, the number of downtown residents on sidewalks in Center City had rebounded to 2019 levels by the end of 2021. Rents and home sale prices held up and the number of newly-permitted residential units in both Center City and citywide reached the highest point in decades in 2021.
Center City District (CCD) is ramping up its year-round programming in Dilworth Park with our annual “grand finale” of winter events and attractions starting in November.
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.
From sidewalk cafés and well-managed parks to seasonal pop-up gardens and reclaimed office plazas, outdoor seating in Center City continues to expand and now numbers 428 locations with 6,743 seats from Vine Street to South Street, river to river, according to a new report from the Center City District/Central Philadelphia Development Corporation.
Today at CPDC’s quarterly meeting, Center City District (CCD) released its annual State of Center City 2019, a data-driven compendium, organized by employment sector, that examines the latest trends in both in Center City and in the broader Philadelphia economy.