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Center City’s commercial core is experiencing a sustained process of recovery, with new businesses opening and existing retailers moving to new, often larger locations, according to the just-released CCD/CPDC Center City Retail Update. In the first quarter of 2022, taxable retail sales in the core of Center City reached 94% of 2019 levels and restaurant sales reached 74% of 2019 levels.
Op-ed by CCD president and CEO Paul Levy, on recent proposals to tax development in the city.
Storefront occupancy is rising in key corridors. Occupancy ticks down due to major brands contracting nationwide, but growth continues on Walnut Street and East Market corridors.
Project HOME and the CCD unveiled a new information campaign that is being deployed on transit shelters and counter cards in Center City, highlighting five Philadelphians previously living on the streets who chose a path out of homelessness and now seek to inspire others to do the same.
Center City District’s in-depth look at economic trends, employment statistics, residential growth, retail development, transportation usage, public space initiatives, and more.
13-day culinary promotion supporting Center City Philadelphia restaurants to include prix fixe lunch and dinner with takeout options.
City's employment recovery surpasses national average while downtown talent concentration reaches historic highs, new report finds.