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Center City economy is doing better than you think, business group says

There’s plenty of good news this week about Center City’s ongoing rebound from the economic turmoil of the pandemic and from the broader struggles of the nation’s urban centers. 

More people live downtown, the number of restaurants and bars has nearly returned to old levels, and foot traffic on the street continues climbing, reaching 90% of pre-pandemic figures, according to a new report from the Center City District business association. 

Philadelphia as a whole has more jobs than at any time since the 1970s, with much of that growth occurring in the central business district. 

“We are back with a vengeance, in part because people are back with a vengeance,” said Clint Randall, CCD’s vice president of economic development, in reference to the area’s resurgent nightlife scene. 

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2025-05-01 14:42:31

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