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CCD President, Paul R. Levy's cover essay describes two competing story lines shaping the national narrative of downtown recovery, suggesting that both offer guidance that cities should follow.
Recovery is progressing by nearly all measures: employment, hotel occupancy, retail and restaurant sales, transit ridership, pedestrian volumes and city tax collections are all up. Job recovery is slow but steady and most significantly, Philadelphia’s unemployment rate fell in October, to the lowest point since 1990.
This report is meant to start the conversation about traffic congestion, focusing on why it occurs, how it is (or isn’t) currently being managed, and what Philadelphia can do differently to improve conditions.
The Center City District (CCD) surveyed restaurants and retailers in Center City to understand their need for expanded use of outdoor space to facilitate business reopening.
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.
The CCD's quarterly newsletter. In this issue: Two-Handed Solutions; Meet Emrah Ulcay; Thank You for Your Support; Homeless Outreach Continues in Center City; and more.
Center City retail and restaurants have almost fully rebounded from the events and challenges of 2020.