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Jobs are back, salaries are rising, Center City’s population continues growing, conventions, tourism and retail are all rebounding, and pedestrian vitality is almost fully restored in many portions of the downtown. Office vacancy, however, is rising, challenged by a partial return to office and reinforced by a wage tax that encourages suburban residents to remain remote.
On Wednesday, December 15, CPDC hosted a virtual membership meeting to review the CCD/CPDC’s December monthly update, Monitoring Philadelphia’s Economic Recovery and discuss with industry leaders the current status and future prospects for Center City’s office, health care, technology, retail and residential sectors.
Citywide employment has fully rebounded from the spring 2020 shutdown with 2.4% more jobs in October 2023 than in February 2020. But there is a difference between the return of workers to payrolls and the return of full vitality to Center City. The report suggests ways to accelerate the job growth and business formation rates in Philadelphia.
As the weather cools down in Philadelphia, the fun heats up at CCD Parks. Center City District has plenty in store to celebrate autumn in the city.
On December 14, 2021 CPDC hosted an in-person meeting about accelerating the safe return to office with guest speakers Philadelphia Police Commissioner Danielle Outlaw, Deputy Police Commissioner Joel Dales and SEPTA's Assistant General Manager Jody Holton.
CCD is pleased to announce a full lineup of free-to-attend events starting in September at Dilworth Park, Sister Cities Park and Cret Park, including activities for families, the return of Harvest Weekend and the popular Hay Maze in Dilworth Park.
In 2017, to celebrate the 100th anniversary of the Benjamin Franklin Parkway, CPDC and History Making Productions produced a video that explores the history and development of the Parkway, and sets the stage for a discussion of the challenges, opportunities and recommendations for the future.
With the end of winter less than a month away, Center City District (CCD) is planning for continuous outdoor entertainment with spring events and attractions in Dilworth Park, Sister Cities Park and Cret Park. The Rothman Orthopaedics Ice Rink and Cabin are now closed for the season, but the Wintergarden on the Greenfield Lawn presented by TD Bank will remain open through April 3 with weekly programming for families.