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Pedestrian activity in the core of Center City continued to increase during the last quarter of 2022 and into the first two weeks of January 2023, as the volume of residents, workers and visitors of all types downtown continued to grow.
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.
On December 17, 2019, CPDC hosted a meeting to discuss what can be done locally to foster inclusive growth without stifling our rebounding market.
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.
A new CCD/CPDC report highlights how steady increases in office workers, shoppers, theater- and museum-goers, and visitors helped downtown pedestrian volumes reach 78% of February 2019 levels.
Pedestrian activity in Center City has continued its gradual two-year upward trend, buoyed by a substantial ongoing increase in downtown residents as well as the return of visitors and a slower but notable return of office workers, according to this new report from CCD/CPDC.