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Philadelphia has emerged as a standout performer in employment growth among major U.S. cities, according to the Philadelphia Employment Report 2025, which examined 15 years of job market data. The report reveals that despite ongoing challenges in the office sector, Philadelphia has demonstrated remarkable resilience and growth in its overall employment base.
CCD President & CEO Prema Katari Gupta's cover essay offers a research-driven glance into downtown Philadelphia's residential growth and what it indicates for Center City, office and retail occupancy and the decrease of serious crime. Also inside: CCD Parks summer events, employee appreciation breakfast recap, the recently published State of Center City annual report and much more.
In this spring edition of the CCD/CPDC quarterly newsletter, President & CEO Prema Katari Gupta's essay, Celebration and Stewardship, reveals the newly created vision, mission, and value statements of CCD. Prema also explains that in times of citywide celebrations, all roads inevitably lead to the streets and public spaces of Center City.
Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
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.