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The just-updated Monitoring Philadelphia’s Economic Recovery monthly report from Center City District/Central Philadelphia Development Corporation provides a snapshot of current conditions and an overview of 2021 based on key economic indicators, commercial office and housing market trends, local tax revenues, transit ridership, parking volumes and pedestrian activity in Center City.
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.
CCD is celebrating workers who are back in the office — and encouraging others to join them — with a series of morning and afternoon events.
Center City’s transformation into a 24-hour downtown is reflected in its burgeoning retail scene, with residential, convention and tourism growth expanding beyond the historic customer base of office, education and health care employees and students.
Games, entertainment, fall decor, a fall market and a craft beer and cocktail garden will fill Dilworth Park October 11-15, all set to the tunes of live music and DJs, presented by Live Nation.
This summer, CCD is launching Let’s Do Lunch, an exciting new dining initiative to support the vibrant lunchtime scene in Center City. Starting June 24 and continuing every Tuesday, Wednesday and Thursday through August 14, groups of two or more can take advantage of special two-course lunch deals at participating restaurants.
This Center City District/Central Philadelphia Development Corp. annual housing report reveals unprecedented growth in Greater Center City's residential sector, with residential development reaching a 5-year high in 2024, according to new CCD research.
From sidewalk cafés and well-managed parks to seasonal pop-up gardens and reclaimed office plazas, outdoor seating in Center City continues to expand and now numbers 428 locations with 6,743 seats from Vine Street to South Street, river to river, according to a new report from the Center City District/Central Philadelphia Development Corporation.
Philadelphia's post-pandemic recovery is at a critical juncture. Center City has recaptured 90% of foot traffic, and a residential population exceeding 2019 levels. But now, that progress is threatened by sweeping and drastic service cuts coupled with significant fare increases to balance SEPTA’s budget in the absence of additional state funding.