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Jobs are back, salaries are rising, Center City’s population continues growing, conventions, tourism and retail are all rebounding, and pedestrian vitality is almost fully restored in many portions of the downtown. Office vacancy, however, is rising, challenged by a partial return to office and reinforced by a wage tax that encourages suburban residents to remain remote.
This new CCD/CPDC report examines the current state of the downtown restaurant and retail sectors. Using pedestrian, transit and parking occupancy counts and detailed visual surveys of almost 2,000 retail premises, conducted by CCD staff, the report provides a close-up look at business conditions, supplemented with information from the commercial office sector, employment trends, housing market data and ecommerce trends.
The Center City District is the location for almost 1,500 businesses from one-of-a-kind owner-proprietors and unique restaurants to regional and national chains. On three consecutive Saturdays, September 17, September 24 and October 1, CCD is promoting Shop Center City Saturdays, an annual campaign that highlights the unique shopping experiences offered throughout the district’s many retail corridors.
CCD continues to provide exciting seasonal amenities at Dilworth Park into the New Year, including the Rothman Orthopaedics Ice Rink and Cabin and the Wintergarden.
Dilworth Park remains a safe, outdoor destination for Philadelphians throughout the rest of the winter season. The Rothman Orthopaedics Ice Rink, the Rothman Orthopaedics Cabin and the Wintergarden on the Greenfield Lawn can be enjoyed through February 28, featuring a variety of free activities. Increased health and safety protocols, like mandatory mask wearing and social distancing, continue in accord with State, City and CDC guidelines.
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.