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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.
The just-updated Monitoring Philadelphia’s Economic Recovery monthly report from Center City District/Central Philadelphia Development Corporation provides a snapshot of current conditions and an overview of 2021 based on key economic indicators, commercial office and housing market trends, local tax revenues, transit ridership, parking volumes and pedestrian activity in Center City.
This report details how workers in Center City and the region arrive at their jobs and the impact these choices have on Philadelphia's downtown economy.
This report by CCD, CPDC examines disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities
Following a successful launch in September, CCD is pleased to announce that Open Streets: West Walnut will return for two Sundays during the holiday season.
CCDF is approaching its fundraising goal for planting 200 new trees in the central business district during the next two years through its initiative, Plant Center City.
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.
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.
The Center City District (CCD) marked its 25th anniversary of providing services to make Center City clean, safe and attractive with a special thank you luncheon for all its employees and paid special tribute to 11 individuals who have worked with the CCD since its founding in March 1991.
The CPDC is pleased to announce the appointment of four distinguished real estate and business leaders to its Board of Directors’ Executive Committee. These new members bring exceptional expertise to help advance CPDC's mission of promoting economic growth and development in Center City Philadelphia.