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From pop-up shops and markets to an eclectic mix of contemporary retailers, and independent boutiques, Center City’s lively urban setting creates a diverse, ever-changing destination that attracts shoppers seeking the ultimate holiday experience in the region.

Downtown Rebounds examines 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.

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.

Our new “Philadelphia Retail” report details demographic and economic trends fueling more than $9 billion in development currently being invested in downtown

Pedestrian activity in Center City has continued its gradual two-year upward trend, buoyed by a substantial ongoing increase in downtown residents as well as the return of visitors and a slower but notable return of office workers, according to this new report from CCD/CPDC.