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At the start of 2020, before the pandemic upended daily life and shook every aspect of the city’s economy, Philadelphia was in its 11th straight year of growth. Now, as vaccination rates rise and vitality is steadily returning to the downtown and neighborhoods throughout Philadelphia, the CCD and CPDC are releasing a pair of reports which look at the past year’s challenges and track multiple indicators of recovery.
Center City District SIPS is back, and it’s not just bars and restaurants that benefit.
Hay bales, corn stalks and pumpkins aplenty; Center City District prepares to host Dilworth Park’s annual fall festival with entertainment for guests of all ages.
The steady, incremental lifting of pandemic-related restrictions has enabled retail, restaurant and service businesses gradually to reopen, drawing an increasing number of pedestrians back to Center City’s sidewalks and helping to restore thousands of jobs. This new report from CCD/CPDC tracks the rebound over the last three months.
Beginning this September, Center City District will introduce a full lineup of fall events at Dilworth Park, including a weekend-long Octoberfest, free concerts and the fifth anniversary of Philly’s premiere public space.
This new CCD/CPDC report examines the current state of the downtown restaurant and retail sectors. Using pedestrian, transit and parking occupancy counts and detailed visual surveys of almost 2,000 retail premises, conducted by CCD staff, the report provides a close-up look at business conditions, supplemented with information from the commercial office sector, employment trends, housing market data and ecommerce trends.
Come one, come all, July 20-24, to a summertime staple – the county fair, right at Dilworth Park at City Hall!
The 3-day event features live music, festive décor, family-friendly activities and an opportunity to get vaccinated!
This new CCD/CPDC report analyzes the housing sector recovery in Philadelphia. While the pandemic impaired many parts of Philadelphia’s economy, both Greater Center City and citywide housing markets showed extraordinary resilience in the last year, buoyed by historically low interest rates and continued interest in city living.