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Greater Center City Philadelphia leads city in housing growth, with residential development reaching a 5-year high in 2024, according to new CCD research.
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.
Beginning this September, Center City District will introduce a full lineup of fall events at Dilworth Park, including a weekend-long Octoberfest, free concerts and the fifth anniversary of Philly’s premiere public space.