You Searched
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.