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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.
The steady, incremental lifting of pandemic-related restrictions has enabled retail, restaurant and service businesses gradually to reopen, drawing an increasing number of pedestrians back to Center City’s sidewalks and helping to restore thousands of jobs. This new report from CCD/CPDC tracks the rebound over the last three months.
This summer, Center City District and Hornitos will partner for the return of Center City District Sips, the much anticipated, Happy Hour tradition.
Jobs are back, salaries are rising, Center City’s population continues growing, conventions, tourism and retail are all rebounding, and pedestrian vitality is almost fully restored in many portions of the downtown. Office vacancy, however, is rising, challenged by a partial return to office and reinforced by a wage tax that encourages suburban residents to remain remote.
CCD is supporting Center City’s recovery through deployment of additional sidewalk ambassadors, bike patrols and homeless outreach teams in partnership with public and private security.
To extend the holiday shopping and entertainment into the New Year, Center City District (CCD) is sponsoring Restaurant Week, beginning Sunday, January 9 and continuing through Friday, January 21, 2022. Dozens of local restaurants will participate in this biannual prix-fixe dining promotion that highlights some of the city’s most diverse culinary venues.
This report by CCD, CPDC examines disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities
Center City District Restaurant Week, the culinary event savored by savvy Philadelphia foodies, is returning September 23 through October 5, 2018 with more than 110 participating restaurants serving up an exciting and delicious variety of three-course dinners for only $35 per person and/or three-course lunches for $20 per person.
CCD is pleased to announce that for the 2019-2020 holiday season at Dilworth Park we’ve renewed our partnerships with Rothman Orthopaedic Institute, Independence Blue Cross and 6abc.
The CPDC is pleased to announce the appointment of four distinguished real estate and business leaders to its Board of Directors’ Executive Committee. These new members bring exceptional expertise to help advance CPDC's mission of promoting economic growth and development in Center City Philadelphia.