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Center City District is bringing back the Made in Philadelphia Holiday Market on Saturday, November 20 and the Deck the Hall Light Show on Monday, November 22, completing the seasonal transformation of Dilworth Park that began with the November opening of the Rothman Orthopaedics Ice Rink, Cabin and the Wintergarden on the Greenfield Lawn presented by TD Bank
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.
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.
Downtown Rebounds examines the cumulative effects of three decades of growth, the rebound from 2020 and its impact on housing markets, new and upcoming residential developments and homeownership trends, and the status of the rental market.
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.
With pedestrian volumes on Center City sidewalks last month reaching the highest point since March 2020, the CCD is expanding its existing clean and safe programs by launching an additional uniformed, unarmed bicycle safety patrol within the District during afternoon and evening hours. This new shift will focus on entertainment and dining areas from 3 p.m. to 11:30 p.m. to support significant increase in returning shoppers, visitors & workers.