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On Wednesday, December 15, CPDC hosted a virtual membership meeting to review the CCD/CPDC’s December monthly update, Monitoring Philadelphia’s Economic Recovery and discuss with industry leaders the current status and future prospects for Center City’s office, health care, technology, retail and residential sectors.
Every Tuesday in April, many of the most iconic buildings and landmarks in Philadelphia are shining blue to honor the heroic health care workers and first responders battling the COVID-19 pandemic.
CCD is supporting Center City’s recovery through deployment of additional sidewalk ambassadors, bike patrols and homeless outreach teams in partnership with public and private security.
In 2018, 2,810 new housing units were completed in Greater Center City – the largest number since Center City District began tracking the market almost 20 years ago. Strong growth is continuing at the beginning of 2019 with 3,017 more housing units under construction in Greater Center City.
On Tuesday, May 11, 2021, CPDC hosted a virtual membership meeting to review the annual report State of Center City 2021 and the most recent recovery report, Monitoring Philadelphia’s Economic Recovery, May 2021. Industry leaders discussed what is needed for continued recovery and getting office workers, visitors and tourists to return to offices, reanimate hotels and restore jobs in Center City Philadelphia.
The mission of the CCD is to provide a clean, safe, well-managed downtown so Philadelphia can successfully compete as an attractive location for business, education and health care institutions, life sciences and for tourism, arts and entertainment, dining and shopping and as the fastest growing residential area in the city.
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.
On September 28, 2021, CPDC hosted an in-person panel discussion at the Union League about real estate industry trends, as highlighted in CPDC’s just released, annual Developments report (live link) The Union League required that everyone have proof of vaccination on hand and all attendees really appreciate the opportunity to catch at the first full, in-person CPDC meeting in 19 months.