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Center City continued its steady process of recovery in June and during the first three weeks of July with pedestrian volumes reaching 92% of 2019 levels. The robust recovery of residents and visitors has led the way, while the number of workers in June approached 100,000, attaining 76% of June 2019 levels.
On September 28, 2021, CPDC hosted an in-person panel discussion at the Union League about real estate industry trends, as highlighted in CPDC’s just released, annual Developments report (live link) The Union League required that everyone have proof of vaccination on hand and all attendees really appreciate the opportunity to catch at the first full, in-person CPDC meeting in 19 months.
As a preview of this year's State of Center City report, a look at Philadelphia's population changes.
As a preview of this year's State of Center City report, a look at Center City's office sector.
How do we fashion the city we say we want: a growing, prosperous, diverse and inclusive place? Read the fall Digest newsletter to learn what CCD is doing to accelerate recovery and what more can be done by Philadelphia’s civic, business and political leaders.
This winter Dilworth Park is holiday central. Rothman Institute Ice Rink and Cabin and the Philadelphia Holiday Market are back, plus the park will be turned into a Wintergarden with fun new attractions and programming.
The total number of workers, residents and visitors in Center City continued to rise in October 2023 to 82% of October 2019 levels, with the largest increases among workers and residents. Overall, the upward trend in pedestrian volumes for the last three and a half years is showing no signs of having reached any plateau.
Citywide employment has fully rebounded from the spring 2020 shutdown with 2.4% more jobs in October 2023 than in February 2020. But there is a difference between the return of workers to payrolls and the return of full vitality to Center City. The report suggests ways to accelerate the job growth and business formation rates in Philadelphia.