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This CCD, CPDC report examines business density and the disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities.
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.
Center City District Restaurant Week began 20 years ago this September, introducing thousands of diners to a two decades-long tradition that celebrates some of the best chefs and restaurateurs in the region. Beginning Sunday, September 10 through Saturday, September 23, CCDRW returns in celebration of that milestone.
Pedestrian activity in Center City has continued its gradual two-year upward trend, buoyed by a substantial ongoing increase in downtown residents as well as the return of visitors and a slower but notable return of office workers, according to this new report from CCD/CPDC.
Center City continued to show promising signs of recovery throughout the summer months, buoyed by returning conventions and office workers and increasing numbers of pedestrians who are contributing to rising retail and restaurant sales, local tax revenue, new business openings and increases in convention travel and hotel occupancy.
Center City's retail occupancy rates, pedestrian volumes, retail sales and jobs are rising and approaching levels last seen in 2019, according to Center City Retail Update: July 2023, a new report released by the Center City District/Central Philadelphia Development Corporation.
Dilworth Park remains a safe, outdoor destination for Philadelphians throughout the rest of the winter season. The Rothman Orthopaedics Ice Rink, the Rothman Orthopaedics Cabin and the Wintergarden on the Greenfield Lawn can be enjoyed through February 28, featuring a variety of free activities. Increased health and safety protocols, like mandatory mask wearing and social distancing, continue in accord with State, City and CDC guidelines.
Does Philadelphia Have What It Needs to Recover? This Center City District/Central Philadelphia Development Corporation report highlights Philadelphia’s signs of recovery and examines the serious challenges that must be addressed.