December 20, 2010
Report: The Center City Retail Market Is Thriving, With Restaurant Openings And Consumer Demand At An All-Time High

Center City is the third-largest residential downtown in the country. (Image courtesy Center City District)
Buffered by strong employment growth and the walkability of the city — 40% of Center City residents walk to work, and outdoor restaurant seating for more than 3,500 amps up that pedestrian volume — Philadelphia’s retail market is stronger than ever.
Some choice statistics:
• The number of Center City fine-dining restaurants has increased 328% since 1992.
• Within one mile of City Hall, the total demand for shoppers’ goods is $491.5 million.
• The recently opened 14,000 square foot Apple store can expect more than 2,000 pedestrians to pass its front door every hour during the business day.
You can read the full report online (PDF).
Center City District [Official Site]












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