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This edition of the CCD and CPDC quarterly newsletter includes: CCD President, Paul R. Levy's cover essay, highlighting the importance of accelerating Center City's recovery; CCD 2022 Budget Details, Outreach & Public Safety, Introduces CPDC's new Executive Director, CCD/CPDC Reports and Spring & Summer in Center City.
Successful street closure pilot program results show pronounced economic impact and increased foot traffic, suggest opportunity for future iterations.
Sustained by a diversified retail customer base that includes the third largest downtown population in the U.S., workers, tourists, and regional visitors, Center City Philadelphia is on pace for the second consecutive year of positive net openings, according to the new Center City District/Central Philadelphia Development Corporation Center City Retail, November 2022.
Philadelphia’s largest employment center and fastest growing residential section is showing unprecedented signs of growth and new investment, according to the newly released State of Center City, 2016, produced by the Center City District (CCD) and Central Philadelphia Development Corporation (CPDC).
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 returns in the new year to celebrate Philadelphia’s world-class dining scene