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This annual housing report examines Center City Philadelphia's residential sector momentum and the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.
Pedestrian activity in the core of Center City continued to increase during the last quarter of 2022 and into the first two weeks of January 2023, as the volume of residents, workers and visitors of all types downtown continued to grow.
Center City continued its steady process of recovery in June and during the first three weeks of July with pedestrian volumes in July reaching 92% of 2019 levels. During the month of June, the combined number of residents, workers and visitors were up 2% from the previous month.
When the stay-at-home order took effect in March 2020, the Center City District’s on-street employees, more than 150 of us, were designated “essential workers.” Read the full Philadelphia Inquirer Opinion piece by managers from the CSR and CCD cleaning staff.
The Rothman Orthopaedics Ice Rink and Cabin are now closed in Dilworth Park as Center City District (CCD) landscaping and parks staff prepare for the arrival of spring. Seasonal updates include the return of park fountains, flowers and foliage as well as the Rothman Orthopedics Roller Rink.
After more than two years of the work-from-home Zoom uniform of sweatpants and blazers, it’s time to enjoy the fun and creativity of dressing up again this fall.
Announcing a new campaign to promote the unique shopping experience found only in Center City Philadelphia.
Café Cret in Cret Park at 16th Street and the Benjamin Franklin Parkway, one of four parks managed and programmed by the CCD, on September 26 began offering beer and wine and expanded its hours of operation.
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.