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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.
Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
The Center City District dedicated the newest addition to the Sister Cities Park World Fountain, recognizing Frankfurt am Main, Germany, as Philadelphia’s newest Sister City.
Center City continued its steady process of recovery in June and during the first three weeks of July with pedestrian volumes in July reaching 92% of 2019 levels. During the month of June, the combined number of residents, workers and visitors were up 2% from the previous month.