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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.
Center City's retail occupancy rates, pedestrian volumes, retail sales and jobs are continuing to rise and are approaching levels last seen in 2019, according to the CCD/CPDC Center City Retail Report, November 2023.
Now in its 15th year, Center City District Sips will return on Wednesdays from 5 p.m. to 7 p.m. More than 90 participating bars and restaurants are expected take part each Wednesday evening from June 6 through August 29.
Since the Center City District (CCD) began gathering data in 2001 on downtown establishments that provided outdoor seating, the number of seats has steadily increased. That trend has continued in 2019, with locations throughout Center City providing a record number of 6,969 seats, a 5% increase from 6,631 in 2018.
Successful street closure pilot program results show pronounced economic impact and increased foot traffic, suggest opportunity for future iterations.