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Downtown Rebounds: Greater Center City Housing Trends 2023

For two decades, the fastest growing residential section of Philadelphia has been Greater Center City. In 2022, the downtown rebound was built on decades of success: At just 5.8% of the city’s land area, Greater Center City accounted for 48% of the city’s total supply of new housing units.

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State of Center City: Highlights

Recovery in Center City is gaining momentum. Workers are returning to offices; transit ridership and hotel occupancy are rebounding; arts and cultural institutions are welcoming audiences. The State of Center City 2022 tracks trends by industry.