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This latest yearly survey of housing production in Center City offers analyses of both demographic and economic trends that are shaping present and future demand for downtown living.
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.
For two decades, the fastest growing residential section of Philadelphia has been Greater Center City. In 2022, the downtown rebound was built on decades of success: At just 5.8% of the city’s land area, Greater Center City accounted for 48% of the city’s total supply of new housing units.
The return to shopping and dining will be slow and gradual, influenced by how well and consistently businesses address public concerns about public health and safety, as well as the City of Philadelphia’s flexibility in encouraging the expanded use of public space to accommodate seating and waiting lines, according to results of a new CCD survey of Philadelphia residents.
Center City District Restaurant Week returns in the new year to highlight some of the city’s best, and most diverse, culinary venues. Beginning Sunday, January 15 through Saturday, January 28, more than 60 restaurants will showcase their best dishes in a prix-fixe, three course menu.