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Commentary by Paul R. Levy, CCD President and CEO: Philadelphia was beginning its 11th year of growth when we started researching and writing our annual State of Center City report. Then everything changed. We considered not publishing, but decided only to adjust tense in the text, reflecting current realities.
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.
CCD welcomes the arrival of autumn with a full lineup of free-to-attend programs starting in September at parks and public spaces across Center City, including events for office workers, a free hay maze and activities for families.
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.