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Center City continued its steady process of recovery in June and during the first three weeks of July with pedestrian volumes in July reaching 92% of 2019 levels. During the month of June, the combined number of residents, workers and visitors were up 2% from the previous month.
The Center City District Foundation (CCDF) and Chaddsford Winery have partnered to present downtown Philadelphia's newest summer pop-up, the Wine Garden at Collins Park.
The winter installment of Center City District Restaurant Week (CCDRW) wrapped up this past Sunday, with over 90 local eateries participating in the bi-annual dining deal. Celebrations, however, are just beginning as the program looks forward to welcoming a landmark occasion this fall. In September of 2023, CCDRW will return to commemorate its 20th anniversary.
For the last two decades, Greater Center City has been the fastest growing residential section of both Philadelphia and the entire region. After a temporary dip in population, the number of downtown residents on sidewalks in Center City had rebounded to 2019 levels by the end of 2021. Rents and home sale prices held up and the number of newly-permitted residential units in both Center City and citywide reached the highest point in decades in 2021.
Our year-end 2024 Center City Retail Report pulls together the latest data on retail occupancy, demand, and leasing activity and explores emerging trends and opportunities that will shape Center City’s retail landscape in the coming years.