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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.
This summer, Center City District and Hornitos will partner for the return of Center City District Sips, the much anticipated, Happy Hour tradition.
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 is very saddened to announce that William P. Hughes, Sr., Vice President of Public Safety and Cleaning Operations, died on February 1, after a long illness.
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.