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On September 24, 2019, CPDC released the Developments report and hosted a panel of business leaders to discuss their projects- one office, one retail/entertainment and one residential - and what these projects tell us about current industry trends, the strength of the market and how best to sustain local momentum.
This new CCD/CPDC report documents that in September 2022 overall pedestrian volumes reached 75% of pre-pandemic levels compared to September 2019, with residents, shoppers and visitors at significantly higher levels. These findings are from both CCD’s pedestrian counters at multiple locations downtown and from anonymized cell phone data.
This annual housing report examines Center City Philadelphia's residential sector momentum and the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.
This edition of the CCD and CPDC quarterly newsletter details everything we are doing to speed up Philadelphia’s slow but steady recovery. The cover essay seeks to answer the question: If crowds are comfortably returning to sports arenas, theaters and concert halls, bars and restaurants, what’s the problem with offices, where social distancing and masking in common areas is much easier to achieve?
Health and fitness tips from Optimal Sport Health Clubs
While Center City is enjoying continuing signs of recovery, including more daily pedestrians and transit riders, and more retail and restaurant openings, an accelerated return-to-office timetable is essential to a more robust recovery.
Center City District’s new report outlines Philadelphia’s strengths and challenges to be addressed as we create a roadmap for recovery.
Citywide employment has fully rebounded from the spring 2020 shutdown with 2.4% more jobs in October 2023 than in February 2020. But there is a difference between the return of workers to payrolls and the return of full vitality to Center City. The report suggests ways to accelerate the job growth and business formation rates in Philadelphia.