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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.
CCD is resuming work on enhancements to the Discovery Garden, which will expand the park’s opportunities for play with new components that engage children from a broader range of ages.
To support local restaurants, CCD is providing a new, evening outdoor dining experience adjacent to Dilworth Park’s fountains, with live music and cocktails to-go for those who purchase take-out from nearby restaurants.
Can downtowns in the U.S. rebound and prosper? This fundamental question lingers more than three years after the global pandemic. This report seeks to counter misinformation and provide some of the data that can assist when making decisions and choosing actions that best support a robust and inclusive process of recovery.
Foot traffic in the core of Center City rises through late 2022 and into 2023
Nearly two years after Philadelphia offices were ordered to close as the first COVID-19 cases were detected, and more than a year after vaccinations got underway, Center City and University City companies are continuing to adapt and remain flexible, while strongly valuing the importance of in-office work and a downtown presence, according to a CCD survey. CCD distributed a survey to employers to gauge their current stance on in-office and remote work, their plans for the first quarter of 2022, and factors they were weighing in making workplace decisions.
CCD is starting work on enhancements to Sister Cities Park. We will be expanding the park’s opportunities for play by offering new components that engage children from a broader range of ages.
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.
Center City District (CCD) has partnered with several of Philadelphia’s nationally recognized performing arts organizations to offer exclusive discounts on tickets during CCD’s Dinner and a Show promotion. From March 1 through May 31, attendees can purchase reduced price admission to performances hosted at select venues across Center City, with more than 35 shows to choose from.