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This report examines downtown Philadelphia's burgeoning residential market.

Center City District (CCD) is pleased to announce the return of the Rothman Orthopaedics Roller Rink at Dilworth Park, made possible by an extended 3-year title sponsorship commitment from the Rothman Orthopaedic Institute through 2024. To celebrate the ongoing partnership, ice rink patrons will receive one complimentary admission and skate rental pass to the roller rink during the final week of the winter season, which ends on February 27.

The Center City District (CCD) is pleased to announce that it has been awarded a Redevelopment Assistance Capital Program (RACP) grant of $3.5 million from the Commonwealth of Pennsylvania, which should enable the CCD to begin construction this fall on the Viaduct Rail Park.

After decades of economic contraction, Philadelphia has added jobs for nine straight years, an unbroken growth streak not seen since the boom years of World War II.

Many of the most iconic buildings and landmarks in Philadelphia will shine blue next Tuesday in honor of World Health Day and the heroic health care workers and first responders battling the COVID-19 pandemic.

This CCD/CPDC annual housing report examines Center City Philadelphia's residential sector momentum and the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.

Center City’s retailers, restaurants and street-level service business are rebounding from the pandemic, supported by the third-largest downtown residential population in the U.S. and by returning volumes of city and regional shoppers, college students, tourists and convention attendees and a steadily rising number of office workers.

With Broadway blockbusters, world-class exhibits and local favorites, Center City offers something for everyone.

New research examines housing development in Greater Center City, the balance between supply and demand, and potential impediments to Philadelphia’s still limited revival; also proposes solutions to create more affordable housing.