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Founding president Paul Levy to shift into non-executive board leadership role, effective January 1, 2024; CCD Board unanimously approves V.P. Prema Katari Gupta as successor.
Center City retail and restaurants have almost fully rebounded from the events and challenges of 2020.
This CCD/CPDC 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.
The 2023-2027 Plan and Budget for the CCD was unanimously approved by City Council and signed into law after being overwhelmingly approved by District property owners. The CCD's focus remains on ensuring a clean, safe, attractive, well-managed public environment for downtown Philadelphia.
City and state officials, philanthropic organizations, cultural and business leaders, neighbors and civic groups joined CCD President and CEO Paul R. Levy and members of the public for a ribbon cutting ceremony to celebrate the official opening of Phase 1 of the Rail Park.