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CCD released its 2024 real estate development report, highlighting the continued evolution of downtown Philadelphia.
Celebrate the season kickoff at Rothman Institute Ice Rink and honor America’s veterans with an opening ceremony dedicated to those who have served.
Building Out From The Core examines housing development in Greater Center City and in immediately adjacent neighborhoods; documents the impact of employment growth and demographic trends on recent development; and looks at affordability issues in a comparative context.
As Philadelphia marks the two-year anniversary of the mandated citywide COVID-19 shutdown on March 16, 2020, Center City continues to show promising signs of recovery, buoyed by rising numbers of pedestrians who are supporting increases in retail and restaurant sales, local tax revenue, new store openings and downtown vibrancy.
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'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.