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In advance of the release of State of Center City 2018, an Op-ed by CCD president and CEO Paul Levy.
A new CCD/CPDC report highlights how steady increases in office workers, shoppers, theater- and museum-goers, and visitors helped downtown pedestrian volumes reach 78% of February 2019 levels.
In 2018, 2,810 new housing units were completed in Greater Center City – the largest number since Center City District began tracking the market almost 20 years ago. Strong growth is continuing at the beginning of 2019 with 3,017 more housing units under construction in Greater Center City.
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.