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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.
The CCD's quarterly newsletter. In this issue- People who work, live, shop or dine in Center City are quite optimistic about downtown’s future. That’s apparent in the CCD’s annual customer satisfaction survey. But, there are caution flags.
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.
At the start of 2020, before the pandemic upended daily life and shook every aspect of the city’s economy, Philadelphia was in its 11th straight year of growth. Now, as vaccination rates rise and vitality is steadily returning to the downtown and neighborhoods throughout Philadelphia, the CCD and CPDC are releasing a pair of reports which look at the past year’s challenges and track multiple indicators of recovery.