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In this fall edition of the CCD/CPDC quarterly newsletter, President & CEO Prema Katari Gupta reflects on the future of Market East and more.
Our year-end 2024 Center City Retail Report pulls together the latest data on retail occupancy, demand, and leasing activity and explores emerging trends and opportunities that will shape Center City’s retail landscape in the coming years.
Recovery is progressing by nearly all measures: employment, hotel occupancy, retail and restaurant sales, transit ridership, pedestrian volumes and city tax collections are all up. Job recovery is slow but steady and most significantly, Philadelphia’s unemployment rate fell in October, to the lowest point since 1990.
Spring Training at Dilworth Park returns this April with a variety of free outdoor fitness activities Tuesdays through Thursdays, April 3 through May 24.
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.
Center City District is celebrating summer in the city with an All-American BBQ at Dilworth Park, June 21-25, with games, grilling, live music and hot DJs.