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The Center City District (CCD) surveyed restaurants and retailers in Center City to understand their need for expanded use of outdoor space to facilitate business reopening.
A new report from CCD/CPDC, Firing on All Cylinders: Growing Jobs and Small Business by Expanding the Traded Sector, compares Philadelphia to five other U.S. cities. It documents how Philadelphia lags in many other traded employment sectors, but suggests that if we replicate the success achieved by others and commit to steadily more competitive tax rates, we will grow more family-sustaining jobs and a prosperous network of small, local businesses.
For two decades, the fastest growing residential section of Philadelphia has been Greater Center City. In 2022, the downtown rebound was built on decades of success: At just 5.8% of the city’s land area, Greater Center City accounted for 48% of the city’s total supply of new housing units.
The return to shopping and dining will be slow and gradual, influenced by how well and consistently businesses address public concerns about public health and safety, as well as the City of Philadelphia’s flexibility in encouraging the expanded use of public space to accommodate seating and waiting lines, according to results of a new CCD survey of Philadelphia residents.
Center City District (CCD) has retained a group of local artists to create a major display of new banners, currently being installed across Center City, to coincide with the partial reopening of businesses and the gradual return of workers and visitors to the downtown.
Founding president Paul Levy to shift into non-executive board leadership role, effective January 1, 2024; CCD Board unanimously approves V.P. Prema Katari Gupta as successor.
Recovery is progressing by nearly all measures: employment, hotel occupancy, retail and restaurant sales, transit ridership, pedestrian volumes and city tax collections are all up. Job recovery is slow but steady and most significantly, Philadelphia’s unemployment rate fell in October, to the lowest point since 1990.
CCD welcomes the arrival of autumn with a full lineup of free-to-attend programs starting in September at parks and public spaces across Center City, including Dilworth Park’s 10th anniversary, a hay maze and events for office workers.
1 A Foundation for the Future 4 Park Benches Adopted to Honor Beloved Radian Colleague 5 CCD Parks Host Special Events Large and Small 6 Arlee Polite: Making the Best of a Second Chance 7 Rothman Ice Rink’s Exciting Second Season All-New! Made in Philadelphia Holiday Market