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This new CCD/CPDC report examines the current state of the downtown restaurant and retail sectors. Using pedestrian, transit and parking occupancy counts and detailed visual surveys of almost 2,000 retail premises, conducted by CCD staff, the report provides a close-up look at business conditions, supplemented with information from the commercial office sector, employment trends, housing market data and ecommerce trends.
Commentary by Paul R. Levy, CCD President and CEO: Philadelphia was beginning its 11th year of growth when we started researching and writing our annual State of Center City report. Then everything changed. We considered not publishing, but decided only to adjust tense in the text, reflecting current realities.