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2013 STATE OF CENTER CITY PHILADELPHIA 2013 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

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The State of Center City report is designed to measure the progress of Philadelphia's downtown, to document continuing challenges, and to be of use to those who seek to develop, locate, lease, invest or meet in Center City. This year, we've also created several interactive maps, which are linked above.

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Page 1: State of Center City 2013

State of Center City

PhiladelPhia

2013

CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

State of Center City

PhiladelPhia

2013

CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

Page 2: State of Center City 2013
Page 3: State of Center City 2013

ContentS

FOReWORD

THe BIG PICTURe

OFFICe

HeALTHCARe & eDUCATION

CONveNTIONs, TOURIsm, & HOTeLs

ARTs, CULTURe, & CIvIC LIFe

ReTAIL

emPLOYmeNT

TRANsPORTATION & ACCess

sUsTAINABILITY

DOWNTOWN LIvING

CeNTeR CITY DIsTRICT

CeNTeR CITY DIsTRICT PARks

ACkNOWLeDGemeNTs

04

06

10

16

22

28

34

40

46

50

54

62

68

72

Page 4: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org4

191025,849

DE

LAW

AR

E R

IVE

R

SCHUYLKILL RIVER

BR

OA

D S

T

TASKER ST

VINE ST

GIRARD AVE

PINE ST

1910

2

19146 19147

191061910719103

19130 19123

Greater Center City

Center CityDistrict

Boundaries

ExtendedCenter City

ExtendedCenter City

CenterCity Core

Pennsylvania

New Jersey

Philadelphia

CeNTeR CITY BOUNDARIes

Page 5: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 5

foreWord

The State of Center City, 2013 provides an in-depth look at the largest employment center in the region and the third largest residential downtown in the United states.

Center City Philadelphia compresses into a dense, walkable, 17th century street-grid all the components of a thriving 21st century, 24-hour downtown: office towers, hotels, hospitals, schools, condominiums, row-homes, and apartment buildings. Added to this mix are 388 arts and cultural organizations, 419 full-service restaurants, and 296 outdoor cafes. many of the attributes that made us obsolete in the 1960s, when fuel for cars was priced below 30 cents a gallon, now make us competitive and sustainable as gas prices hover near $4 per gallon. Center City sidewalks are now filled with an increasing number of pedestrians throughout the day and well into the nighttime hours. Transit ridership and bicycle use are up dramatically. We have come a very long way from the 9-to-5 downtown of 1990, the year the Center City District was first authorized. Downtown has attracted the most educated workers in the region, and they are choosing to live, reinvest, and raise families in neighborhoods that stretch north to Girard Avenue and south to Tasker street. An integrated regional transportation system also brings more than 90,000 workers each day from the surrounding counties to jobs in Center City and provides employment opportunities for 20-25% of the residents of every Philadelphia neighborhood outside the downtown. Office buildings, hospitals, educational institutions, hotels, restaurants, and retail provide both high-skilled jobs and opportunities for the 22% of the downtown workforce that possesses no more than a high-school diploma. This report is a comprehensive look at the diverse sectors that have converged to create a thriving downtown marketplace. It highlights how these components have reinforced each other, positioning Center City for a new cycle of growth. each chapter contains both previously released, industry-specific data provided by others as well as a significant number of surveys, analyses, and original research performed by our staff, particularly as they relate to employment, housing, and retail trends.

The report compares Center City indicators to regional trends and benchmarks Philadelphia against other east-Coast peers as a way of documenting our extraordinary success while highlighting the challenges we still must overcome. The final two sections serve as an annual report for the accomplishments of the Center City District, highlighting our on-street programs and a growing commitment to create quality parks and public spaces for downtown workers, residents, and visitors. The State of Center City is designed to be of use to those who own, develop, market, or invest in real estate. It catalogues useful information for employers or retailers who are seeking to expand or locate downtown. It seeks to be a useful reference source throughout the year for those who live and work here. It provides a wealth of information to provoke needed change. All cities require inspiring, founding myths: ours is the tale of a tolerant, green country town. But to be competitive in the 21st century, we also need a clear-eyed look at all the facts. That is the fundamental purpose of the State of Center City. This project is a major, multi-month, group effort by the staff of the Center City District. The following were the project team members this year:

Writing & Editing: Linda Harris, Director of Communications & PublicationsResearch & Writing: Lauren Gilchrist, manager of Research & Analysis & David kanthor, manager of Transportation & Public spacesGraphic Design: Abigail saggi, Graphic DesignerPublication Supervision: michelle shannon, vice President of marketing & CommunicationsPublication Support: Richard Way, Intern The entire document, as well as individual sections, can be downloaded at www.CenterCityPhila.org.

Paul R. LevyPresident & CeO

Page 6: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org6

the big PiCture

Page 7: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 7

Center City Philadelphia, positioned midway between new york City and Washington, d.C., has emerged as a thriving, 21st century, 24-hour downtown. a dense, compact, and walkable 17th century street-grid compresses into one place high-rise office buildings, hotels, hospitals, colleges, universities, schools, row-homes, condominium and apartment buildings, creating highly competitive densities of 167 jobs per acre and 38 residents per acre downtown.

With more than 279,000 wage and salary jobs, Center City accounts for more than 44% of all wage and salary employment in Philadelphia. Drawn by the extraordinary concentration of well-educated residents, Center City employers also provide a broad range of opportunity: 22.4% of all downtown wage and salary jobs are held by individuals with a high-school diploma or less.

Almost 42 million square feet of office space punctuates the Center City skyline, housing the largest share (32%) of downtown employment and providing one out of seven jobs in the entire city.

Center City is rich in amenities: 388 arts and cultural organizations continue to reinvest and expand, including the 2012 opening of The Barnes Foundation on the Benjamin Franklin Parkway. Nearly 3.6 million visitors enjoyed the treasures and attractions of American history. Nationally renowned for its outstanding chefs, Center City offers a superb variety of dining options with 760 restaurants, eateries, bars, and hundreds of outdoor cafes. shopping opportunities are also continuing to improve, with nearly 800 national, boutique, and independent retailers in the downtown.

Philadelphia is a hub of transit with 305,238 regional passengers arriving downtown each day, 4.1 million passengers from the Amtrak Northeast Corridor passing through 30th street station, and more than 30 million domestic and international travelers using the Philadelphia International Airport.

Between 2000 and 2010, the population in Center City rose 9.8%, increasing even more in the last two years to 175,000 residents, the third largest residential downtown in the United states. since 1992, adjusting for inflation, the sale price of a home in Greater Center City has risen 124%, with the inventory of vacant condominium units left over from the recession almost entirely absorbed. In 2012, the average residential sale price in core Center City was up 12.5% over 2011, and the number of days a house stayed on the market was down 22.2%.

more families are choosing to stay in the city to raise their children and send them to public, charter, and independent elementary and secondary schools that serve 27,000 students. Parents are actively engaged throughout Center City supporting school and playground improvements. The growing presence of children has influenced the capital improvement priorities of the Center City District: in may 2012, the CCD completed a $5.2 million renovation of sister Cities Park at 18th street and the Parkway, creating a major destination for families with children. The $55 million transformation of Dilworth Plaza on the west side of City Hall, which will be completed in 2014, is designed to serve workers, tourists, and residents of all ages.

While Center City continues to be the driver of regional employment, tourism, and culture, the City of Philadelphia must adopt more competitive tax policies that encourage the growth of existing firms, attract new firms, and capitalize on explosive growth in start-ups, minority, and sole-proprietor firms. every half-million square feet of office space that is occupied downtown creates not only 3,300 professional jobs but also opportunities for 18 cleaning staff, 12 security staff, and five building engineers. The same square footage generates business demand for 11,000 hotel room nights, $3.5 million in retail demand, and 2,300 new riders for sePTA.

After decades of devaluing cities, Americans now want walkable, transit-oriented, live-work places. market and demographic trends are tilting our way. This is Philadelphia’s time to add jobs of all kinds: in construction, maintenance, research, technology, and in professional and business services.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 7

Page 8: State of Center City 2013

the big PiCture

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

Greater Center City Population

2000 2010 2012 Estimate

Tota

l Po

pu

lati

on

So

urc

e:

2000

: 20

00 C

ensu

s, U

.S. C

ensu

s B

ure

au20

10:

2010

Cen

sus,

U.S

. Cen

sus

Bu

reau

2012

: 20

12 P

op

ula

tio

n E

stim

ates

, U.S

. Cen

sus

Bu

reau

The 2012 Center City population estimates are conservatively calculated by attributing to the downtown the same rates of growth that were estimated city-wide by the Census Bureau.

Total: 157,782

Total: 173,284

107,927

49,855

114,402

58,882 59,715

116,021

Total: 175,736

Core Extended

GReATeR CeNTeR CITY POPULATIONCeNTeR CITY keY FACTs

25 & OLDeR WITH A GRADUATe DeGRee

25 & OLDeR WITH A BACHeLOR’s DeGRee OR mORe

25 & Older with a Bachelor's Degree or More

2000 2010 2011

So

urc

e:20

00:

2000

Cen

sus,

U.S

. Cen

sus

Bu

reau

2010

: 20

06-2

010

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau

2011

: 20

07-2

011

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau

67.8

%

23.7

%

17.8

% 24.4

%

73.4

%

74.0

%

39.2

%

42.1

%

22.2

%

22.6

%

27.9

%

28.2

%

113,994 114,402 116,021

Core Extended Philadelphia US

0%

10%

20%

30%

40%

50%

60%

70%

80%

25 & Older with a Graduate Degree

2000 2010 2011

So

urc

e:20

00:

2000

Cen

sus,

U.S

. Cen

sus

Bu

reau

2010

: 20

06-2

010

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau

2011

: 20

07-2

011

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau

38.5

%

10.2

%

7.5% 8.

9%

40.9

%

41.6

%

18.3

%

19.7

%

9.3%

9.4%

10.3

%

10.5

%

113,994 114,402 116,021

Core Extended Philadelphia US

0%

5%

10%

15%

20%

25%

30%

35%

45%

40%

Greater Center City Wage & Salary Employment

Private sector 239,350

Public sector 40,062

Greater Center City Wage & Salary Jobs 279,412

Core Center City Wage & Salary Jobs Per Acre 167

Living & Working in Center City

Office square Footage 41.5m

Office Occupancy 88.6%

Hotel Rooms 10,813

Hotel Room Occupancy 73.4%

Average Daily Hotel Rate $168.06

Retail, service, & Restaurant Premises

2,654

Retail Occupancy 88.4%

Arts & Cultural Organizations 388

Annual Philadelphia International Airport Passengers

30,252,816

Annual Amtrak 30th street station Passengers

4,068,540

Average Weekday Transit Ridership

305,238

Average single-Family Home sale Price

$387,945

Average One-Bedroom Apartment Rent

$1,645

Greater Center City People

Children Born 2000-2012 24,419

College students 33,728

Primary & secondary school students

26,716

Core Center City Population 59,715

extended Center City Population

116,021

Greater Center City Population 175,736

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org8

Page 9: State of Center City 2013

the big PiCture

PHILADeLPHIA TOTAL FULL- & PART-TIme emPLOYmeNT

ANNUAL BIRTHs TO GReATeR CeNTeR CITY ResIDeNTsGreater Center City Racial Diversity

White58.5%

Other 1.5%

Black orAfrican

American28.9%

Asian9.1%

Two ormore races

2.0%

Source: 2007-2011 American Community Survey 5-year Estimates, U.S. Census Bureau

GReATeR CeNTeR CITY RACIAL DIveRsITY

Source: Bureau of Health Statistics and Research, Pennsylvania Department of Health, Provided by Philadelphia Department of Public Health

Average Daily Rate for Center City Hotels

2003200220012000 2004 2005 2006 2007 2008 2009 2010 2011 2012

Live

Bir

ths

1,296

1,590

312 395

0

500

1,000

1,500

2,000

2,500

ExtendedCore

there are

279,412 wage and salary positions in greater Center City.

74% of core Center City residents 25 and older hold at least a bachelor’s degree.

there were

24,419 children born to greater Center City parents between 2000 and 2012.

GReATeR CeNTeR CITY WAGe & sALARY emPLOYmeNT, 2010

Greater Center City Covered Employment, 2010

Office 31.9%

Public Services

21.4%

Eds & Meds 20.7%

Hospitality 12.0%

Transportation,Warehousing, &

Wholesale Trade 4.1%

Other Services 3.8%

Real Estate 3.2%

Entertainment 1.8%

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Total Jobs:279,412

Manufacturing1.0%

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 9

Full-

& P

art-

Tim

e Em

ploy

men

t (t

hous

ands

)

Source: Total Full & Part-time Employment by Industry, U.S. Bureau of Economic Analysis

Private Wage & Salary Employment Government Employment

200

0

2011

599,639600

575

550

525

500

580,402

200

0

2011

124,659125

120

115

105

110

100

109,303

Page 10: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org10

offiCe

Page 11: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 11

Center City’s 41.5 million square feet of commercial office space is home to 32% of downtown jobs and nearly one out of seven jobs in Philadelphia. the central business district’s dense, walkable office district is easily accessible by regional transit, two interstate highways, and a growing network of bike lanes that bring highly skilled and diverse workers to the downtown from across the city and region each day.

Philadelphia’s central business district (CBD) posted an 88.6% occupancy rate in 2012, surpassing the national suburban occupancy rate of 82.4% and the national average CBD rate of 86.9%.

The average rental rate for Center City “trophy” office space has increased by 16% in the past five years to $32.88 per square foot in 2012. With no new construction currently in the pipeline in Center City, the tightening of available “trophy” space has brought large tenants to the market two to three years before their leases expire. As they migrated out of older Class A and Class B buildings, vacancy rates rose to more than 10% in these buildings, while “trophy” vacancy dropped to 6.1%. Law firms accounted for most of the large-space leases over the past year, with Cozen O’Conner and Ballard spahr signing long-term leases in these high-demand buildings.

What has kept vacancy from spiking in older buildings is their continual conversion to residential use, with 30 buildings totaling almost 3 million square feet of space being transformed to housing in the last decade. While this produces the very positive result of downtown diversification, giving Philadelphia one of the highest live-work ratios of major American cities, it is also occurring in a context in which Center City has no more occupied office space than it did in 1990. Despite the amenities of downtown –restaurants, parks, shops, cultural institutions, easy transit access, and walkability – the CBD’s regional office share has fallen from 41% in 1993 to 33.7% in 2012.

As a result, Philadelphia’s average Class A rental rate is among the lowest of all major CBD office markets, about $26.50 per square foot, similar to Atlanta Class A rates but significantly below major gateway CBD markets such as New York City, san Francisco, and Washington, D.C. At these rates, no new buildings can be built without public subsidy.

While right-sizing is a prominent trend with companies adjusting to a more mobile work environment, a major obstacle to office job growth and new construction is the city’s outdated tax structure. Designed for an early 20th century economy with stable, fixed assets, rather than the mobile, knowledge-economy jobs of the 21st century, Philadelphia local government continues to rely far more than peer cities on taxing what can most easily move over the city line: wages and profits. Comprehensive tax reform, shifting the burden to land and improvements, is essential for job growth and the city’s economic success.

Philadelphia is experiencing impressive growth in digital start-up businesses, mobile-applications companies, and the creative economy in general. Regional firms that rely on young professional talent, including Bentley systems, Fiberlink, and IHs Global Insight, have also sought locations downtown. A more competitive tax structure will keep these firms in the city as they grow, generating a continual demand for older office buildings and enabling Center City to capitalize on economic, demographic, and cultural trends that are enabling many cities to regain regional office market share.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 11

Page 12: State of Center City 2013

offiCe

CBD OCCUPANCY RATes & ReNTs, Q4 2012

PHILADeLPHIA ReGION OFFICe INveNTORY & OCCUPANCY, Q4 2012

Philadelphia Cbd office occupancy was higher at the end of 2012 than the Philadelphia suburbs, but the supply in the western suburbs was 35% larger.

Philadelphia Region Office Inventory & Occupancy, Q4 2012

Philadelphia CBD

PhiladelphiaSuburbs

New JerseySuburbs

DelawareSuburbs

Sq

uar

e Fe

et (m

illio

ns)

0

10

20

30

40

50

60

70

35.5M

41.5M

48.8M

58.8M

11.6M14.0M

7.1M8.5M

Source: Cushman & Wakefield

Inventory Occupancy

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org12

CBD Occupancy Rates, Q4 2012

Midtown South, NY

San Francisco, CA

Downtown, NY

Boston, MA

Midtown, NY

Portland, OR

Philadelphia, PA

Houston, TX

Denver, CO

Washington, DC

National - CBDs

Tampa, FL

Chicago, IL

National - Suburbs

Miami, FL

Baltimore, MD

San Diego, CA

Los Angeles, CA

Atlanta, GA

Phoenix, AZ

Silicon Valley, CA

Dallas, TX

Source: Cushman & Wakefield

92.9%

91.3%

91.2%

90.1%

89.7%

89.3%

88.6%

88.1%

87.7%

87.0%

85.9%

85.9%

82.1%

81.9%

81.7%

79.6%

78.3%

77.4%

76.0%

72.5%

82.4%

86.9%

$68.26

$55.50

$45.91

$49.35

$75.07

$27.20

$26.52

$38.40

$31.21

$61.55

$23.04

$38.22

$43.40

$23.01

$27.36

$35.79

$26.58

$25.81

$32.02

$24.40

$28.07

$45.17

Page 13: State of Center City 2013

offiCe

Average Class A Rental Rates in the Philadelphia Region

Center City PhiladelphiaSuburbs

New JerseySuburbs

DelawareSuburbs

Do

llars

per

Sq

uar

e Fo

ot

Source: Jones Lang LaSalle

2008 2009 2010 2011 2012

$26.

67

$25.

89

$26.

53

$26.

77

$26.

80

$27.

44

$26.

99

$26.

08

$26.

59

$26.

69

$0

$5

$10

$15

$20

$25

$30

$19.

69

$18.

89

$19.

56 $22.

48

$23.

04

$27.

47

$28.

20

$27.

52

$26.

76

$27.

37

AveRAGe CLAss A GROss ReNTAL RATes IN THe PHILADeLPHIA ReGION

Center City trophy rental rates have increased

16.4% during the past five years.

CeNTeR CITY TOTAL vACANCY RATe

Center City Class a occupancy has increased from

86.6% in 2010 to

88.4% in 2012.

Total Vacancy Rate

0%

2%

4%

6%

8%

10%

12%

14%

16%

2008 2009 2010 2011 2012

Source: Jones Lang LaSalle

Trophy Class A Class B

9.6%

4.6%

11.9%13.4%

11.6%

15.0%

12.5%

8.8%

6.1%

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 13

Page 14: State of Center City 2013

offiCe

sIGNIFICANT LeAse TRANsACTIONs IN CeNTeR CITY, 2012

Location Tenant Lease Transaction (SF)

One Liberty Place1650 market streetTotal: 318,399

Cozen O’Connor 201,931

Glenmede Investment & Wealth management

92,352

morgan stanley smith Barney 24,116

BNY Mellon Center 1735 market streetTotal: 208,728

Ballard spahr 179,307

UBs Financial services Inc 29,421

1701 Market Street morgan Lewis & Bockius 289,432

801 Market StreetTotal: 133,757

Citizens Bank 73,096

Community Behavioral Health 60,661

One South Broad Bazelon Less & Feldman 12,312

Three Parkway1601 Cherry streetTotal: 230,307

Drexel University College of medicine, school of Nursing

186,902

Fiberlink 28,067

Bentley systems 15,338

Three Logan Square1717 Arch streetTotal: 177,824

marsh & mcClennan Companies 102,608

Comp services Inc 34,077

CH2m Hill 20,642

Consolidated Rail Corporation 20,497

Penn Mutual Towers508 Walnut streetTotal: 318,927

ACe Group 140,585

American Board of Internal medicine 123,112

Administrative Offices of Pennsylvania Courts

34,749

sonepar management 20,481

1515 Market Street Temple University 127,866

1845 Walnut StreetTotal: 63,947

Resource America 46,168

Feldman shepherd 17,779

701 Market Street Philadelphia Parking Authority 77,000

Location Tenant Lease Transaction (SF)

The Bellevue Broad & Walnut streets

PReIT 58,000

The Widener Building 1331 Chestnut street

Philadelphia municipal Courts 48,600

Centre Square 15th & market streetsTotal: 74,454

Berwind Corporation 45,510

equus Capital Partners 28,944

833 Chestnut Street Jefferson University Physicians 49,686

1818 Market StreetTotal: 56,034

Five Below 35,500

martin Law Firm 20,534

1650 Arch StreetTotal: 33,352

IHs Global Insight 22,538

ABm Janitorial services 10,814

Two Commerce Sq2001 market streetTotal: 48,438

The Hub 22,823

Harkins Cunningham, LLP 14,633

Grosvenor Investment management 10,982

Ten Penn Center 1801 market street

The Neat Company 26,536

1500 Spring Garden St sB1 Federal Credit Union 20,252

2401 Walnut StreetTotal: 52,827

Us marshals 19,647

Wharton 19,613

voith & mactavish Architects 13,567

1601 Market StreetTotal: 32,776

C.v. starr & Company 19,549

Deeb Blum murphy Frishberg & markovich

13,227

United Plaza20 s 17th streetTotal: 53,902

Pond Lehocky stern 31,516

ms society 12,000

Greater Philadelphia Tourism marketing Corporation (GPTmC)

10,386

Source: Cushman & Wakefield, Jones Lang LaSalle, Newmark Grubb Knight Frank, SSH Real Estate

PHILADeLPHIA CBD OFFICe INveNTORY & OCCUPANCY

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org14

Philadelphia CBD Office Inventory & Occupancy

19931988 1989 1990 1991 199219871986 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Sq

uar

e Fe

et (m

illio

ns)

25

27

29

31

33

35

37

39

41

43

45

35.5M

41.5M

Inventory Occupancy

Source: Newmark Grubb Knight Frank

31.3M

28.7M

Page 15: State of Center City 2013

CeNTeR CITY AveRAGe AskING ReNT

offiCe

sIGNIFICANT LeAse TRANsACTIONs IN CeNTeR CITY, 2012

City Hall

INDEPENDENCE NATIONAL

HISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

HISTST

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

DE

LAW

AR

E R

IVE

R

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

MARKET ST

VINE ST

SPRING GARDEN ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

Source: Cushman & Wakefield, Jones Lang LaSalle, Newmark Grubb Knight Frank, SSH Real Estate

Total Leasing Volume by Building

50,000-150,000 SF >150,000 SF<50,000 SF

Class BClass ATrophy

Center City Average Asking Rental Rate Per Square Foot

Change 2008-2012: +16.4% Change 2008-2012: +3.0% Change 2008-2012: -2.4%Trophy Class A Class B

Do

llars

per

Sq

uar

e Fo

ot

So

urc

e: J

on

es L

ang

LaS

alle

2008 2009 2010 2011 2012

$0

$5

$10

$15

$20

$25

$30

$35 $32.88

$28.24

$31.63 $31.27 $32.72

$26.67$25.89

$26.53 $26.77 $26.80

$22.43$22.98 $22.53 $22.49 $22.29

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 15

Page 16: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org16

healthCare & eduCation

Page 17: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 17

Philadelphia’s education and medical institutions provide 35% of all wage and salary jobs in Philadelphia, employing 211,000 people and providing a very diverse range of career options at all skill levels. these sectors account for nearly 21% of all wage and salaried positions in Center City as several major West Philadelphia institutions have been expanding their presence downtown.

Despite national economic trends, local education and healthcare employment has grown steadily at an average annual rate of 1.7%, providing a much needed buffer for Philadelphia against the effects of the recession. more than 33,700 students are enrolled at a dozen colleges and universities in Center City, while another 83,000 attend schools in University City and at Temple’s main campus. These students fill Center City apartments, frequent downtown cafes, and shop in local retail establishments, fueling downtown’s 24-hour vitality.

Center City’s hospitals – Thomas Jefferson University Hospital, Pennsylvania Hospital, Hahnemann University Hospital, and magee Rehabilitation Hospital – saw a combined 57,253 patients in 2011 and generated net revenues from patients of more than $2.22 billion, the largest number of patients and highest revenue for these hospitals in the past 15 years.

As a center for innovation and research, Philadelphia experienced a notable increase in research expenditures at its major universities. Between 2008 and 2011, research expenditures at Drexel University, Temple University, Thomas Jefferson University, and the University of Pennsylvania totaled more than $4.4 billion, with expenditures at Penn alone increasing 19.7% between 2010 and 2011. The total number of patents applied for in 2011 at all four institutions was 210, with the University of Pennsylvania accounting for more than half of all patent activity.

In summer 2013, Penn medicine will occupy the entire 153,000-square-foot facility currently under construction at 800 Walnut street, which will house Penn medicine Washington square, consolidating Pennsylvania Hospital’s ambulatory and support functions.

Drexel University, which employs 9,500 people and is the 14th largest private university in the country, announced in November the creation of the Office of Urban Health equity, education, and Research in its College of medicine as part of an ongoing effort to improve access to quality healthcare services for underserved populations in Philadelphia.

Thomas Jefferson University Hospital and Thomas Jefferson University, occupying 13 acres in the southeast quadrant of Center City, employed more than 11,000 people, educated 3,700 students, and attracted public and private research funding of more than $100 million.

In February 2013, Jefferson University cut the ribbon on its newest facility, the $35.8 million Jefferson Health Professions Academic Building, at 901 Walnut street. The 11-story, 85,600-square-foot, state-of-the-art high-rise is home to Jefferson’s schools of Nursing, Pharmacy, Health Professions, and Population Health; the departments of Occupational and Physical Therapy and Radiologic sciences; and the Jefferson Clinical Neuroscience Center. The building is connected by a bridge to Jefferson’s 22-story edison Building – further unifying Jefferson’s Center City campus.

Philadelphia’s great strength in healthcare and education should not be cause for local complacency. Rising healthcare costs nationally and changing demographic trends pose continuing challenges to the “eds and meds” sector as institutions respond through more outpatient services, by attracting more international students, and by improving the quality of their campuses. Philadelphia must continually seek ways to diversify its economic base, decreasing its dependency on one dominant sector, all while encouraging these institutions’ efforts to foster and incubate the next economy.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 17

Page 18: State of Center City 2013

healthCare & eduCation

PHILADeLPHIA eDUCATION & HeALTH seRvICes emPLOYmeNT

INPATIeNT ADmIssIONs BY CeNTeR CITY HOsPITALs, 2010-2011

Since 2003, employment in Philadelphia’s education and healthcare sector has grown

14%.170

175

180

185

190

195

200

205

210

215

Source: Current Employment Statistics, U.S. Bureau of Labor Statistics

Philadelphia Education & Health Services Employment

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Job

s (t

hous

ands

) 185.3K

211.3K

Center City hospitals admitted

57,253 patients in 2011, an increase of 6.5% over 2010.

Inpatient Admissions by Center City Hospitals, 2010-2011

Ad

mis

sio

ns

Note: Totals for Wills Eye Hospital inpatient admissions are included in Thomas Jefferson University Hospital

Source: Pennsylvania Healthcare Cost Containment Council

2010

2011

Thomas Jefferson University Hospital

Pennsylvania Hospital, University of PA Health System

Hahnemann University Hospital

Magee Rehabilitation Hospital

19,757 19,35918,258 18,687

17,55616,236

581559

0

5,000

10,000

15,000

20,000

25,000

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org18

Page 19: State of Center City 2013

healthCare & eduCation

CeNTeR CITY HOsPITAL NeT PATIeNT ReveNUe

Since 2001, revenue to Center

City hospitals has increased

6.7% annually on average.

City Hall

INDEPENDENCE NATIONAL

HISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

UARQUAR

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

DE

LAW

AR

E R

IVE

R

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

MARKET ST

VINE ST

SPRING GARDEN ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

PINE ST

LOMBARD ST

SOUTH ST

Source: Integrated Postsecondary Education Data System – National Center for Education Statistics, Office of Facilities & Campus Planning – Thomas Jefferson University, Office of Government & Community Relations – Drexel University, Office of Organization Development & Human Resources – University of Pennsylvania Health System, Temple University

Employees

100-250 >50050-100<50 250-500

Temple

Smaller Institutions

CHOP

Jefferson

Penn Medicine

Drexel University

CeNTeR CITY eDUCATION & meDICAL INsTITUTION emPLOYmeNT

$0.0

$0.4

$0.8

$1.2

$1.6

$2.0

$2.4

Source: Pennsylvania Healthcare Cost Containment Council

Center City Hospital Net Patient Revenue

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Net

Pat

ien

t R

even

ue

(bill

ions

)

$2.22B

$1.48B

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 19

Page 20: State of Center City 2013

healthCare & eduCation

NeW PATeNT APPLICATIONs AND GRANTeD PATeNTs AT CeNTeR CITY & ADJACeNT UNIveRsITIes, 2011

ReseARCH exPeNDITURes AT CeNTeR CITY & ADJACeNT UNIveRsITIes

New Patent Applications and Granted Patents at Center City & Adjacent Universities, 2011

Nu

mb

er o

f P

aten

ts

Source: Licensing Activity Survey, Association of University Technology Managers - Editors Richard Kordal, Arjun Sanga, and Paul Hippenmeyer with Research Assistance by Chrys Gwellem

Patent Applications

Patents Issued

Drexel University

Temple University

University of Pennsylvania

Thomas Jefferson University

24

29

68

55

14 17

124

0

20

40

60

80

100

120

140

Research Expenditures at Center City & Adjacent Universities

Exp

end

itu

res

(Mill

ions

)

2010

2011

Drexel University

Temple University

University of Pennsylvania

Thomas Jefferson University

$114.9M $136.9M$100.5M

$940.2M

$113.6M $98.0M $99.2M

$785.3M

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

2008-2011: $434.9M 2008-2011: $473.9M 2008-2011: $388.5M

2008-2011: $3.14B

Source: Licensing Activity Survey, Association of University Technology Managers - Editors Richard Kordal, Arjun Sanga, and Paul Hippenmeyer with Research Assistance by Chrys Gwellem

drexel, temple, thomas Jefferson, and Penn spent a combined

$196.4 million more on research in 2011 than 2010, an increase of 17.9%.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org20

Page 21: State of Center City 2013

healthCare & eduCation

HIGHeR eDUCATION eNROLLmeNT, FALL 2011

r evi R

l li kl yuhc S

reviRera

waleD

GIRARD AVE

TASKER ST

MARKET ST

BR

OA

D S

T

6

3

1

4

7

12

5 11

10

8

9

2

14

13

15

16

17

Fall Enrollment 2011

2,000-20,000<2,000 >20,000

Comprehensive Educational Institutions

Arts Educational Institutions

Medical & Science Educational Institutions

1. Academy of vocal Arts 2. Art Institute of Philadelphia 3. Community College of Philadelphia4. Curtis Institute of music 5. metropolitan Career Center 6. moore College of Art & Design

7. Peirce College 8. Pennsylvania Academy of the Fine Arts9. Temple University, CC Campus*10. Temple University, school of Podiatric medicine*11. Thomas Jefferson University

12. University of the Arts 13. Drexel University14. Temple University*15. University of Pennsylvania 16. University of the sciences17. Drexel College of medicine

Source: Integrated Postsecondary Education Data System, National Center for Education Statistics*Note: Data provided by Temple University Center City.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 21

Page 22: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org22

ConventionS, touriSm, & hotelS

Page 23: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 23

the $786 million expansion of the Pennsylvania Convention Center completed in 2011 helped increase convention-related hotel room demand by more than 38% in 2012 to 431,000 occupied room nights. the Center hosted three trade shows with 25,000 attendees in 2012, including ubm Canon, aSiS international, and one nation under god, inc.; four shows in 2013 are expected to attain or exceed this number.

But the largest group that drove hotel room demand was travelers to Center City for non-convention business or government-related activities, consuming approximately 939,000 room nights. Individual leisure travelers occupied the second largest number of hotel room nights at approximately 817,000.

Independence National Historic Park hosted nearly 3.6 million visitors in 2012, with attendance strong at all historic area attractions. The Philadelphia Zoo drew the largest number of visitors among non-historic attractions, welcoming more than 1.23 million patrons in 2012. The Franklin Institute and the Philadelphia museum of Art on the Benjamin Franklin Parkway each attracted in excess of 800,000 visitors, while the new Barnes Foundation helped spur an 18% increase in attendance cumulatively at all Parkway cultural institutions. To serve the leisure traveler, kimpton Hotels & Restaurants in October opened its $89 million, LeeD-certified, four-star Hotel monaco at Fifth and Chestnut streets, adding 268 rooms to the city’s supply, plus 14,000 square feet of meeting space, 3,200 square feet of ballroom space, and street-side dining. more inventory is on the way, with 248 units under construction at 12th and Arch streets, where a Hilton Home2 suites is expected to be completed by summer 2013. But a second major convention hotel remains an industry goal in order to maximize the potential of the expanded Pennsylvania Convention Center.

Overall in 2012, Center City hotel occupancy and average daily room rates reached post-recession highs with 73.4% occupancy and a 4.6% increase in the average daily room rate to $168.06. With visitor spending for all travel purposes of $947 for a two-night stay, the hospitality industry continues to help generate new jobs and drive demand for retail, restaurants, and entertainment venues throughout Center City.

While the hospitality industry has begun to shake off the remnants of the Great Recession, neither hotel occupancy rates nor the volume of international travelers has achieved pre-recession levels. But in December 2012, Philadelphia City Council provided further support by passing a bill that raised the hospitality promotion tax from 1.2% to 1.5%, or about 50 cents a night. That will raise approximately $2 million that will be divided between the Greater Philadelphia Tourism marketing Corporation and the Philadelphia Convention & visitors Bureau to help market the city, beginning July 2013.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 23

Page 24: State of Center City 2013

ConventionS, touriSm, & hotelS

0

100

200

300

400

500

600

700

800

Source: CIC Research, Inc. Analysis of Survey of International Air Travelers, U.S. Department of Commerce - Provided by Philadelphia Convention & Visitors Bureau

Overseas Visitation to the Philadelphia Five-County Region

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Ove

rsea

s V

isit

ors

(tho

usan

ds)

421,000

613,000

OveRseAs vIsITATION TO THe PHILADeLPHIA FIve-COUNTY ReGION

Center City business travelers occupied more than

939,000 room nights in 2012, a 6.8% increase from 2011.

overseas visitation to the Philadelphia region increased

46% over the past decade.

OCCUPIeD CeNTeR CITY HOTeL ROOms BY PURPOse OF TRIPOccupied Center City Hotel Rooms by Purpose of Trip

Airline Crews

PHLCVB Group - Non Convention Center

Convention Center Related

Individual Leisure

Commercial / Government

Hotel Group

Source: Hospitality Snapsnot, PKF Consulting - Provided by Greater Philadelphia Tourism Marketing Corporation

322K

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Co

nsu

med

Ro

om

Nig

hts

(tho

usan

ds)

0

500

1,000

1,500

2,000

2,500

3,000459K

817K

939K

431K

155K

675K

834K

406K

257K

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org24

Page 25: State of Center City 2013

ConventionS, touriSm, & hotelS

ATTRACTION ATTeNDANCe, 2011-2012

Source: Hospitality Snapsnot, PKF Consulting - Provided by Greater Philadelphia Tourism Marketing Corporation

Note: Attendance for Independence National Historical Park is an estimate of the number of unique visitors to the Park and does not represent the sum of all visits to individual Park attractions. *

Visitor Attraction Attendance, 2011-2012

IndependenceNational Historical

Park (All Attractions)*

IndependenceVisitor Center*

LibertyBell Center*

NationalConstitution

Center*

IndependenceHall*

PhiladelphiaZoo

FranklinInstitute

FranklinSquare

PhiladelphiaMuseum of Art

Please TouchMuseum

Eastern StatePenitentiary

Christ Churchand Burial Grounds

Academy ofNatural Sciences

of Drexel University

BetsyRoss

House

PennMuseum

HistoricPhiladelphia

Center

National Museumof American

Jewish History

3,572,7703,594,550

2,338,40032,427,5852

2,045,6802,006,157

817,2272828,208,2

689,723686,788

1,178,2851,230,087

845,272894,334

766,170856,630

635,035836,275

574,692583,071

264,671254,623

214,059211,981

165,158206,175

205,428204,900

211,713197,397

104,020124,867

126,273

100,937 2011 2012

Philadelphia museum of art attendance increased by

32% between 2011 and 2012.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 25

Page 26: State of Center City 2013

ConventionS, touriSm, & hotelS

AvAILABILITY & OCCUPANCY OF CeNTeR CITY HOTeL ROOms

AveRAGe DAILY ROOm RATe FOR CeNTeR CITY HOTeLs

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

$200

Source: Individual Hotels & PKF Consulting, Provided by Greater Philadelphia Tourism Marketing Corporation

Average Daily Rate for Center City Hotels

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Ave

rag

e D

aily

Rat

e P

er R

oo

m $130.14

$173.69$168.06

the average daily rate for a Center City hotel room increased by

4.6% in the year 2012.

the Center City hotel occupancy rate reached

73.4% in 2012, the highest occupancy rate since the start of the recession.

Source: Individual Hotels & PKF Consulting, Provided by Greater Philadelphia Tourism Marketing Corporation

Availability & Occupancy of Center City Hotel Rooms

2006200520042003 2007 2008 2009 2010 2011

Dai

ly A

vaila

ble

Ho

tel R

oo

ms

Occu

pan

cy Rate (%

)

9,200

9,400

9,600

9,800

10,000

10,200

10,400

10,600

10,800

11,000

2012

10,605

10,813

Occupancy Rate

Room Supply

62%

64%

66%

68%

70%

72%

74%

76%

72.5%

66.4%

70.8%

73.6%74.1%

70.6%71.3%

71.8%

73.4%

68.3%

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org26

Page 27: State of Center City 2013

ConventionS, touriSm, & hotelS

TRIP sPeNDING FOR CeNTeR CITY HOTeL GUesTs (Based on a Two-Night stay)

Convention & Trade Shows Attendance

UBm Canon LLC 25,000

AsIs International 25,000

One Nation Under God, Inc. 25,000

International society for Technology in education 20,000

American Diabetes Association 17,000

National safety Council 14,000

American Chemical society 13,200

American society of Nephrology 13,000

American Academy of Family Physicians 12,000

True value Company 12,000

Academy of Nutrition and Dietetics (formerly American Dietetic Association)

11,000

Risk and Insurance management society, Inc. 11,000

Association for supervision & Curriculum Development 10,000

National Council of Teachers of mathematics 10,000

American Psychiatric Association 10,000

Gate Shows Attendance

Flower show 267,072

Auto show 252,194

Home show 28,172

Philadelphia museum of Art Craft show 8,000

Convention & Trade Shows Attendance

east Coast volleyball, Inc. 34,000

U.s. Green Building Council 27,000

Pittsburgh Conference on Analytical Chemistry & Applied spectroscopy

25,000

UBm Canon LLC 25,000

Lightfair International 23,000

American Association of Orthodontists 16,500

American Thoracic society 15,000

Narcotics Anonymous World services, Inc. 15,000

International Association of Chiefs of Police 14,000

Source: Philadelphia Convention & Visitors Bureau

Source: Philadelphia Convention & Visitors Bureau

LARGesT CONveNTIONs, TRADe sHOWs, & GATe sHOWs, 2012

LARGesT CONveNTIONs & TRADe sHOWs ANTICIPATeD FOR 2013

the average Center City hotel guest will spend

$407 at area shops and restaurants

during a two-night stay.

Trip Spending for Center City Hotel Guests (Based on a 2-night stay)

Source: 2006-2012 VisitPhilly.com Hotel Guest Bookings, Provided by Greater Philadelphia Tourism Marketing Corporation

Hotel 41%

Entertainment /Transportation 16%

Dining 28%

Shopping 15%Total

Spending: $947

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 27

Page 28: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org28

artS, Culture, & CiviC life

Page 29: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 29

Center City Philadelphia is home to 388 arts and cultural organizations, the second largest concentration among the largest downtowns in the united States. Philadelphia’s arts, entertainment, and recreation sector has grown by 25% since 2002 and provides 18,300 direct jobs.

Center City’s museums and attractions saw a 6.7% increase in attendance between 2011 and 2012, partly spurred by the opening of the new $150 million Barnes Foundation on the Benjamin Franklin Parkway. From its may 19 opening through the end of 2012, the museum hosted 216,953 visitors. Just two blocks away, on may 10, the Center City District reopened sister Cities Park on the east side of Logan square after a $5.2 million renovation that included a café, fountain, and Children’s Discovery Garden and boat pond. On the west side of the square, the Franklin Institute is undergoing a major $23.3 million, 53,000-square-foot expansion. The Nicholas and Athena karabots Pavilion will be home to a new brain and neuroscience exhibit, conference center, additional classroom space, and other traveling exhibits.

While some performing arts organizations saw slight decreases in attendance in 2012 from 2011, activity increased at the Walnut street Theatre, Arden Theatre Company, Pennsylvania Ballet, Philadelphia Theatre Company, Opera Philadelphia, and FringeArts (formerly Philadelphia Live Arts Festival/Philly Fringe).

Work is underway on the renovation of the FringeArts’ new home at the corner of Race street and Columbus Boulevard. With more than $5 million in renovations, the former riverfront pumping station will have a new 240-seat theater, studio, and offices finished by fall 2013. A second phase will include an indoor restaurant and bar, outdoor plaza space, and further building restoration, and should be completed in 2014. The museum of the American Revolution, a $150 million undertaking at 250 Chestnut street, is proposed for completion in 2015.

Through the help of generous donors and public funders, several major public space and cultural projects are underway and due for completion in the next three years. Dilworth Plaza at Center square, a $55 million project of the Center City District to improve pedestrian access to transit and activate underutilized space west of City Hall with a lawn, café, fountain, public art, and programming, is due for completion in mid-2014. smaller yet significant investments in parks in neighborhoods to the south at Julian Abele Park (22nd and Carpenter streets) and Catharine Park (22nd and Catharine streets) promise to enrich the experience of families with young children in the Graduate Hospital neighborhood.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 29

Page 30: State of Center City 2013

artS, Culture, & CiviC life

Philadelphia Arts, Entertainment, & Recreation Employment

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

Tota

l Fu

ll- a

nd

Par

t-Ti

me

Em

plo

ymen

t

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

14,559

18,300

Source: Total Full-time & Part-Time Employment by NAICS industry, U.S. Bureau of Economic Analysis

PHILADeLPHIA ARTs, eNTeRTAINmeNT, & ReCReATION emPLOYmeNT

Source: Parkway Council Foundation & Center City District

ImPROvemeNTs ReCeNTLY COmPLeTeD OR IN-PROGRess ON THe BeNJAmIN FRANkLIN PARkWAY, 2007-2014

Since 2002, Philadelphia

employment in the arts, entertainment,

and recreation sector has grown

by more than

25%.the $150 million new barnes foundation

attracted 216,953 visitors in its first seven months.

Improvements Investment

Aviator Park Renovation $1.8 million

The Barnes Foundation $150 million

Dilworth Plaza Renovation $55 million

Franklin Institute, Nicholas and Athena karabots Pavilion $23.3 million

Free Library of Philadelphia, Central Branch, Renovations and expansion $175 million

Philadelphia mormon Temple $70 million

Philadelphia museum of Art, Art-Handling Facility $81 million

Philadelphia museum of Art, Anne d'Harnoncourt sculpture Garden and Parking Facility $29 million

Rodin museum & Garden Renovations $9 million

sister Cities Park Renovation and milk & Honey Café $5.2 million

streetscape enhancements $11.9 million

Three Parkway Plaza Renovation and Café Cret $2.33 million

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org30

Page 31: State of Center City 2013

artS, Culture, & CiviC life

Jobs Generated by Arts Organization Type in Greater Center City, 2012

Community Arts and

Education 18.7%

Museums, Visual Arts,

Historic, and Scientific

55.6%

PerformingArts 24.3%

Councils,Services, &

Support 1.4%

Source: Arts & Economic Prosperity - Americans for the Arts, Estimates Prepared by Greater Philadelphia Cultural Alliance

Organization 2011 2012

kimmel Center* 1,089,787 973,357

Walnut street Theatre 360,000 363,000

Arden Theatre Company 99,731 110,074

Pennsylvania Ballet 82,511 87,555

Philadelphia Theatre Company 57,800 63,117

Opera Philadelphia 36,623 51,847

The Wilma Theater 46,529 43,671

FringeArts 34,012 40,000

Philadelphia Chamber music society 25,840 24,400

Curtis Institute of music 20,148 19,165

Organization 2011 2012

Liberty Bell Center 2,045,680 2,006,157

Franklin Institute 845,272 894,334

Franklin square 767,750 856,630

Philadelphia museum of Art 635,035 836,275

National Constitution Center 817,227 828,208

Independence Hall 689,723 686,788

eastern state Penitentiary 263,812 241,528

The Barnes Foundation 216,953

Academy of Natural sciences of Drexel University 225,213 208,223

UPenn museum of Archaeology and Anthropology 211,713 197,397

Pennsylvania Academy of the Fine Arts 146,578 163,963

mütter museum 137,384 133,930

National museum of American Jewish History 126,273 100,937

African American museum 62,901 72,221 Source: Individual Institutions, Compiled by Michelle Schmitt

Source: Individual Institutions, Compiled by Michelle Schmitt

Note: Numbers are self-reported by each institution. methods of counting may vary across locations.

* Includes kimmel Center Presents and Broadway programming as well as independent presentations and resident company performances in all kimmel Center managed venues (kimmel Center, verizon Hall, Perelman Theatre, Innovation studio, Academy of music, and merriam Theater).

Note: Numbers are self-reported by each institution. methods of counting may vary across locations.

PeRFORmING ARTs ORGANIZATION ATTeNDANCe

mUseUm & ATTRACTION ATTeNDANCe

JOBs GeNeRATeD BY ARTs ORGANIZATION TYPe IN GReATeR CeNTeR CITY, 2012

museum and attraction attendance increased

6.7% between 2011 and 2012.

more than

55% of jobs supported by the arts in greater Center City are in museum, visual arts, historic,

and scientific institutions.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 31

Page 32: State of Center City 2013

artS, Culture, & CiviC life

NUmBeR OF ARTs & CULTURe ORGANIZATIONs IN LARGe DOWNTOWNs, 2012

NUmBeR OF ARTs & CULTURe ORGANIZATIONs PeR sQUARe mILe, 2012

NUmBeR OF ARTs & CULTURe ORGANIZATIONs PeR 100,000 DOWNTOWN ResIDeNTs, 2012

Number of Arts & Culture Organizations Per Square Mile, 2012

Nu

mb

er o

f O

rgan

izat

ion

s p

er S

qu

are

Mile

219

7367

52

0

50

100

150

200

250

Midtown Manhattan

NY

LowerManhattan

NY

Washington DC

Center CityPhiladelphia

PA

BostonMA

SanFrancisco

CA

ChicagoIL

SeattleWA

77

178

4333

So

urc

e: N

atio

nal

Cen

ter

for

Ch

arit

able

S

tati

stic

s D

atab

ase,

Co

mp

iled

by

Gre

ater

P

hila

del

ph

ia C

ult

ura

l Alli

ance

Number of Arts & Culture Organizations Per 100,000 Downtown Residents, 2012

Nu

mb

er o

f O

rgan

izat

ion

s p

er 1

00,0

00 D

ow

nto

wn

Res

iden

ts

418

374

292

228 212

0

100

200

300

400

500

600

Midtown Manhattan

NY

LowerManhattan

NY

Washington DC

Center CityPhiladelphia

PA

BostonMA

SanFrancisco

CA

ChicagoIL

SeattleWA

378 366

229

So

urc

e: N

atio

nal

Cen

ter

for

Ch

arit

able

S

tati

stic

s D

atab

ase,

Co

mp

iled

by

Gre

ater

P

hila

del

ph

ia C

ult

ura

l Alli

ance

Number of Arts & Culture Organizations in Large Downtowns, 2012

Midtown Manhattan

NY

LowerManhattan

NY

Washington DC

Center CityPhiladelphia

PA

BostonMA

SanFrancisco

CA

ChicagoIL

SeattleWA

Nu

mb

er o

f O

rgan

izat

ion

s

1,100

388 370

247 232 231

0

200

400

600

800

1000

1200

126

351

So

urc

e: N

atio

nal

Cen

ter

for

Ch

arit

able

S

tati

stic

s D

atab

ase,

Co

mp

iled

by

Gre

ater

P

hila

del

ph

ia C

ult

ura

l Alli

ance

Center City Philadelphia is

home to the second largest number of arts and cultural institutions per resident among

america’s largest downtowns.

32 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 33: State of Center City 2013

artS, Culture, & CiviC life

Projects with Completion Dates 2011-2015 Address Completion Date Investment

Curtis Institute - Lenfest Hall 1616 Locust street 2011 $65 million

Independence Hall Restoration 520 Chestnut street 2011 $4.4 million

John F. Collins Park 1707 Chestnut street 2011 $440,000

kimmel Center Acoustic Renovations 300 south Broad street 2011 $1.3 million

Lights of Liberty - PeCO Theater & New Outdoor show 150 south Independence mall West 2011 $10 million

Pennsylvania Academy of the Fine Arts - Lenfest Plaza 1400 Cherry street 2011 $7.5 million

Race street Pier 201 N Christopher Columbus Boulevard 2011 $4.25 million

Wells Fargo museum 123 south Broad street 2011 <$1 million

Rodin museum Restoration 2101 Benjamin Franklin Parkway 2012 $5.3 million

Barnes Foundation 2025 Benjamin Franklin Parkway 2012 $150 million

Hawthorne Park 1200 Catharine street 2012 $1.6 million

Philadelphia History museum at the Atwater kent 15 south seventh street 2012 $5.8 million

schuylkill River Park Connector Bridge 25th & Locust streets 2012 $5 million

sister Cities Park 200 North 18th street 2012 $4.9 million

Catharine Park 22nd & Catharine streets 2012 $80,000

Pennsylvania Ballet Rehearsal Facility & school 321 North Broad street 2013 $17.5 million

Franklin Court 318 market street 2013 $21 million

Franklin Institute Pavilion 222 North 20th street 2013 $64.7 million

Julian Abele Park 22nd & Carpenter streets 2013 $250,000

Dilworth Plaza Center square 2014 $55 million

FringeArts Race street & Columbus Boulevard 2014 $5 million

Franklin's Paine skatepark 2600 Benjamin Franklin Parkway 2014 $5 million

museum of the American Revolution 250 Chestnut street 2015 $150 million

City Hall

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

NP

RodinMuseum

SisterCitiesPark

RaceStreet

Pier

SchuylkillRiver ParkBridge Expansion

KimmelCenter

Wells FargoMuseum

HawthornePark

IndependenceHall

Franklin CourtPhiladelphia

History Museum

John F.CollinsPark

Franklin’s PaineSkatepark

FranklinInstitutePavilion

PennsylvaniaBallet RehearsalFacility & School

PAFALenfest Plaza

CurtisInstituteLenfest Hall

DilworthPlaza Lights of Liberty

PECO Theater

BarnesFoundation

Museum of the American Revolution

Catharine Park

JulianAbele

Park

FringeArts

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

DE

LAW

AR

E R

IVE

R

SC

HU

YLK

ILL

RIV

ER

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

26TH

ST

27TH

ST

MARKET ST

VINE ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

PINE ST

Source: Developments Database, Center City District

Cultural Developments Dollars (millions)

<$5M $5–$12M $13–$26M $27–$99M >$100M

Public SpaceMuseum Cultural Venue Academic

seLeCT INvesTmeNTs mADe BY CULTURAL INsTITUTIONs, 2011 TO 2015

Source: Developments Database, Center City District

33Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 34: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org34

retail

Page 35: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 35

Center City is a thriving 24-hour downtown with more than 279,000 jobs. the destinations in and around independence national historic Park attract 3.5 million visitors per year, and more than 2 million visit Parkway institutions. together, with the business drawn to the Pennsylvania Convention Center, these attractions accounted for 2.8 million occupied room nights in Center City hotels in 2012. With 175,000 residents, 34,000 college and graduate students in greater Center City, and another 83,000 students in university City and at temple university, these diverse customers generate more than $750 million in retail demand within a one-mile radius of City hall.

Pedestrian activity has been steadily increasing on all downtown streets, not only at peak lunchtime hours but throughout the evening and during the weekend. During the spring of 2012, an average of 24,696 pedestrians walked on the 1700 block of Walnut street each day, dropping only slightly to 21,191 in wintertime; 17th and Chestnut street was close behind with an average of 22,465 daily spring pedestrians and 18,638 in winter.

supported by strong demographics and diverse demand, Center City weathered the recession with high retail-occupancy rates, rising steadily from 85.5% in 2000 to 88.4% in 2012. National retailers make up 20% of downtown’s tenants, with Intermix, the Anne klein flagship, marshalls, shake shack, and Ulta all choosing to locate downtown in 2012. But Center City offers a regionally unique shopping experience as well, with nearly 640 boutique and independent shops between south and vine.

With 419 full-service restaurants and enough quick-service establishments to satisfy diverse lunch and takeout tastes, Center City continues to be one of the top restaurant and outdoor dining destinations in the country. Nine of the 10 restaurants named in Open Table’s Top 10 most-booked restaurants in Philadelphia are in Center City. The Fall 2012 Center City District Restaurant Week Presented by TD Bank was the most successful Restaurant Week since the CCD began this biannual event a decade ago. The number of participating restaurants increased by 10.9% over last year to 132; the number of diners increased by 24.3% to 240,845, and without raising prices, the restaurants took in 25.2% more, or $13,492,890, during the Fall 2012 Restaurant Week.

Center City’s retail growth has been strongly propelled by the 11.4% increase in population between Girard Avenue and Tasker street from 2000 to 2012. Average household income in the core of Center City has risen to $103,246 (2012 dollars), with 74% of residents 25 and older holding at least a bachelor’s degree and 41.6% holding a graduate or professional degree. In the neighborhoods that extend north to Girard Avenue and south to Tasker street, the average income is $68,221 (2012 dollars).

Retail growth has been supported since 2008 by a comprehensive communications program, the Philadelphia Retail marketing Alliance, a collaborative involving the CCD, the Philadelphia Convention & visitors Bureau, the Greater Philadelphia Tourism marketing Corporation, the City of Philadelphia, the Philadelphia Industrial Development Corporation, and major downtown retail brokers. A strong online presence at www.PhiladelphiaRetail.com positions Center City as an attractive retail location. It is supported by direct outreach, advertising, and story placements in trade publications. Available retail spaces can be found online, along with marketplace data essential to brokers, developers, and interested retailers.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 35

Page 36: State of Center City 2013

retail

City Hall

INDEPENDENCE NATIONALHISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CITY HALL

CONVENTION CENTER

Phila

delp

hia

Mus

eum

of A

rt

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

DILW

OR

TH

PL

AZ

A

SIS

TE

R

CIT

IES

PA

RK

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

MARKET ST

JFK BLVD

CHERRY ST

ARCH ST

RACE ST

VINE ST

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

CAmeRA LOCATIONs FOR 24-HOUR PeDesTRIAN COUNTs

AveRAGe 24-HOUR, DAILY PeDesTRIAN ACTIvITY, 20122012 Average Daily Pedestrian Activity

Intersection of 12th & Market

1700 Block of Walnut 1100 Block of Chestnut Intersection of 16th & Chestnut

Intersection of 17th & Chestnut

800 Block of Market 1200 Block of Walnut

Ave

rage

Dai

ly P

edes

tria

n A

ctiv

ity

Source: Springboard Pedestrian Counts, Center City District

Winter Spring Summer Fall

0

5,000

10,000

15,000

20,000

25,000

15,6

28

19,3

05

19,3

48

17,4

95

21,2

91

24,6

96

23,8

62

23,7

08

16,2

31

20,4

64

19,0

32

16,3

30

7,56

3 10,1

35

10,1

04

9,15

0

18,6

38

22,4

65

18,9

88

20,7

54

11,8

90

17,8

74

18,7

51

15,7

84

11,8

61 13,5

80

13,7

12

11,9

48

the 1700 block of Walnut Street saw more than 24,000 pedestrians per 24 hours in the spring of 2012.

36 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

The Center City District has installed 14 cameras throughout Center City that provide 24-hour pedestrian counts, 365 days each year.

Page 37: State of Center City 2013

retail

PeDesTRIAN ACTIvITY BY TIme OF DAY, 20122012 Pedestrian Activity by Time of Day

Early Morning

Morning Rush Hour

Late Morning

Late Afternoon

Evening Rush Hour

Evening Late NightLunch

Ave

rag

e D

aily

Ped

estr

ian

Act

ivit

y

Source: Springboard Pedestrian Counts, Center City District

Intersection of 12th & Market

1700 Block of Walnut

1100 Block of Chestnut

Intersection of 16th & Chestnut

Intersection of 17th & Chestnut

800 Block of Market

1200 Block of Walnut

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Time of Day Key:- Early Morning: 4am-6am- Morning Rush Hour: 6am-9am- Late Morning: 9am-11am- Lunch: 11am-2pm- Late Afternoon: 2pm-4pm- Evening Rush Hour: 4pm-7pm- Evening: 7pm-11pm- Late Night: 11pm-4am

Radius from City Hall

5-Minute Walk (1/4 Mile)

15-Minute Walk (1/2 Mile)

30-Minute Walk (1 Mile)

Job Market

Office, education, & Healthcare Workers

49,793 122,155 179,563

Other Workers 17,393 45,295 73,075

Total Workers 67,186 167,450 252,638

Residential Market

Owners 2,933 9,848 34,480

Renters 11,864 26,328 58,613

Population 14,797 36,176 93,093

Visitor Market

Hotel Rooms 4,786 8,673 9,741

Overnight Visitors 1,257,761 2,279,264 2,559,935

Dollars of Demand for Shoppers' Goods

Office Workers $52,979,752 $129,972,920 $191,055,032

Other Workers $9,200,897 $23,961,055 $38,656,675

Residents $28,410,240 $69,457,920 $178,738,560

Overnight visitors $168,539,947 $305,421,430 $343,031,263

Total $259,130,836 $528,813,325 $751,481,530

Source: Job Market: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau; Residential Market: American Community Survey 2006-2010 5-year Estimates, U.S. Census Bureau; Visitor Market: Greater Philadelphia Tourism Marketing CorporationDollars of demand for each market segment are CCD calculations based on retail industry standards.

on average,

4,800 pedestrians passed by 17th & Chestnut

each day during the 4pm - 7pm

evening rush hour.

37Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

ReTAIL DemAND FOR sHOPPeRs’ GOODs, 2012

Page 38: State of Center City 2013

retail

Center City Retail Vacancy Rate (South Street to Vine Street)

0%

2%

4%

6%

8%

10%

12%

14%

16%

Vac

ancy

Rat

e

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20122011

14.5%

11.6%

Source: Retail Survey, Center City District

CeNTeR CITY ReTAIL vACANCY RATe (south street to vine street)

the retail occupancy rate between South

Street and vine Street was

88.4% in 2012.

City Hall

INDEPENDENCE NATIONALHISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

DE

LAW

AR

E R

IVE

R

SC

HU

YLK

ILL

RIV

ER

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

26TH

ST

27TH

ST

MARKET ST

VINE ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

PINE ST

LOMBARD ST

SOUTH STSOUTH STREET

WEST OF BROADEAST OF BROAD

OLD CITY/SOCIETY HILL

CONVENTIONCENTER

MARKET WEST/PARKWAY

Source: Café Survey, Center City District

Number of Seats

>4020–3910–195–9<5

ResTAURANTs & CAFes WITH OUTDOOR seATING, 2012

38 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

there were 296 outdoor cafés in Center City in 2012.

Page 39: State of Center City 2013

retail

CeNTeR CITY FOOD esTABLIsHmeNTs, 2012 CeNTeR CITY ReTAILeRs, 2012

City Hall

INDEPENDENCE NATIONALHISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

City Hall

Convention Center

30th StStation

Pen

n’s

Lan

din

g

Phila

delp

hia

Mus

eum

of A

rt

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

BR

OA

D S

T

15T

H S

T

JUN

IPE

R S

T

13T

H S

T

12T

H S

T

11T

H S

T

10T

H S

T

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

16T

H S

T

17T

H S

T

18T

H S

T

19T

H S

T

20T

H S

T

MARKET ST

JFK BLVD

CHERRY ST

ARCH ST

RACE ST

VINE ST

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

28,000 sf

13,500 sf

y

8,000 sf

TTSSST

7,500 sf

4,500 sf 3,200 sf

2,600 sf

2,000 sf (Relocated)

1,200 sf

1,200 sf

400 sf

2,500 sf

ST

H S

HS

T S S

TSS

TS S

T SS

TS

00 sfs

28,000,

26,000 sf

2,750 sf

11,000 sf

seLeCTeD NeW CeNTeR CITY ReTAIL LeAses IN 2012

80% of Center City’s stores are operated by boutique or independent retailers.Boutique/

Independent Retailers

639

158National Retailers

Center City Restaurant Mix, 2012

Full-ServiceRestaurants

419Takeout, Sandwich,

& Quick ServiceEstablishments 228

CoffeeShops 23

Bars & NightlifeEstablishments 20

Bakeries 57 Ice Cream,Water Ice,

& Frozen YogurtEstablishments

14

Source: Retail Survey, Center City District

Note: Bars & Nightlife Establishments represent only those retailers who exclusively operate bars or clubs. Bars that primarily offer food are counted among Full-Service Restaurants and Takeout, Sandwich, & Quick Service Establishments.

39Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Center City Retailers, 2012

Jewelry& Watches

145

Home & Garden 116

Art, Collectibles,& Hobbies 81

Beauty, Health,& Fitness 59

Electronics 48

Other 66

Optical 28

Books & Maps 22

Music, Video,& Video Games 20

PetSupplies 12

Apparel200

Source: Retail Survey, Center City District

Page 40: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org40

emPloyment

Page 41: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 41

among large cities, Philadelphia has the third highest concentration of workers within its downtown, exceeded only by the central business districts of Seattle and Washington, d.C. With more than 233,900 salaried jobs in the core of downtown and an additional 45,500 jobs in extended Center City, greater Center City remains the region’s largest employment center, providing opportunities in a broad range of occupations and with widely varying skill requirements. Center City has some of the highest skilled and best educated workers in the region, but 22.4% of downtown jobs are also held by individuals with a high-school diploma or less.

Taking advantage of a strong regional transportation system and good highway access, almost 90,000 wage and salary workers from surrounding counties commute daily into Center City. montgomery County sends 21,544 workers to the downtown each day, and Delaware County sends 21,405. Bucks and Chester Counties also have substantial numbers of employees commuting to the downtown, with 9,555 from Bucks and 8,325 from Chester. Camden County, New Jersey, sends 13,040 commuters across the Delaware River each day.

On average, more than 40% of employed Greater Center City residents enjoy a very convenient live-work relationship, commuting the short distance between their homes and jobs located between Girard Avenue and Tasker street, river to river.

Almost one-third of all downtown jobs are housed in office buildings, 20.7% are in educational or medical institutions, while 12% are in the hospitality industry. Citywide in 2011, office jobs inched up by 0.2% from 2010, “eds and meds” grew by 2.0%, and hospitality expanded by 3.5%.

Despite these gains, the City of Philadelphia overall has experienced a weak recovery from the latest recession. Due to its strength in healthcare and education and the relative stability of the office sector, Philadelphia went into recession later than the region and nation, fell less far, and rebounded faster – a significant break from the pattern of previous downturns. But as the national economy has begun to expand, growth in many sectors is happening faster outside the boundaries of the city.

Philadelphia, however, has shown significant strength in its entrepreneurial and small business economy, especially downtown. Greater Center City is home to more than 34% of all small businesses in the city. Further, Philadelphia as a whole has experienced one of the fastest growth rates in sole proprietor businesses, including minority firms, among major U.s. cities, with 56.7% more firms in 2010 than in 2002, compared to 34.6% more in Washington, D.C. and 20% more in Boston.

Philadelphia has all the attributes for dynamic growth in the 21st century: a dense, diverse downtown rich with cultural institutions and restaurants, strong transit access, world-renowned educational and research institutions, and affordable neighborhoods where one can live and work without total dependency on a car.

A more competitive municipal tax structure that recognizes the flexible and footloose nature of knowledge-industry jobs and relies less on taxing wages, firm receipts, and profits would enable Philadelphia to join the growing league of older cities that are adding jobs and opportunity.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 41

Page 42: State of Center City 2013

emPloyment

LARGe CITIes: THe PeRCeNT OF WAGe & sALARY WORkeRs DOWNTOWN, 2010

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Large Cities with the Highest Concentration of Covered Employees Downtown, 2010

Seattle Washington, DC

Philadelphia San Francisco Chicago Baltimore

% o

f C

ityw

ide

Wo

rker

s D

ow

nto

wn

Manhattan (Midtown + Lower)

Detroit Denver Austin

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50% 45.5%

40.4%37.6% 36.4%

33.6% 32.4%30.8% 29.6% 28.6%

26.7%

Other Metro Area Counties:

New Castle County, DE

2,883Salem County, NJ

369Cecil County, MD

105

Camden County

13,040Gloucester County

5,433

Burlington County

6,667

Bucks County

9,555Montgomery County

21,544

Chester County

8,325

Delaware County

21,405

Roxborough/Manayunk

4,269 Germantown/Chestnut Hill

7,707

Olney/ Oak Lane

11,271 Near Northeast

14,301

Bridesburg/Kensington/Richmond

8,590

SouthPhiladelphia

9,495SouthwestPhiladelphia

7,748

West Philadelphia

10,515

North Philadelphia

8,192

Core Center City 8,027

GreaterCenter City

21,924Extended Center City 13,897

Far Northeast

9,262

Source: OnTheMap – 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

ReGIONAL & CITY ResIDeNTs COmmUTING TO JOBs IN GReATeR CeNTeR CITY, 2010

42 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

On average, 20% of the residents of each neighborhood outside of downtown work in Center City.

Page 43: State of Center City 2013

emPloyment

Greater Center City Covered Employment, 2010

Office 31.9%

Public Services

21.4%

Eds & Meds 20.7%

Hospitality 12.0%

Transportation, Warehousing, &

Wholesale Trade 4.1%

Other Services 3.8%

Real Estate 3.2%

Entertainment 1.8%

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Total Jobs:279,412

Manufacturing1.0%

Regional Covered Employment, 2010

Office 19.0%

Public Services 10.0%

Manufacturing 7.5%

Transportation, Warehousing, &

Wholesale Trade 7.9%

Eds & Meds 27.2%

Hospitality 18.0%

Other Services 3.5%

Real Estate 5.1%

Entertainment 1.5%

Natural Resources

0.3%

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Total Jobs:2,600,446

Philadelphia Covered Employment, 2010

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Office 17.9%

Public Services 12.3%Eds & Meds 35.5%

Hospitality 15.6%

Transportation,Warehousing, &

Wholesale Trade 6.1%

Other Services 3.6%

Real Estate 3.4%

Entertainment 1.6%

Total Jobs:628,522

Manufacturing 4.1%

PHILADeLPHIA WAGe & sALARY emPLOYmeNT, 2010

GReATeR CeNTeR CITY WAGe & sALARY emPLOYmeNT, 2010

PHILADeLPHIA & meTRO AReA emPLOYmeNT IN seLeCT INDUsTRIes, 2011

ReGIONAL WAGe & sALARY emPLOYmeNT, 2010

PeRCeNTAGe OF JOBs DOWNTOWN IN seLeCTeD CITIes, WAGe & sALARY emPLOYees, 2010

City Jobs in CBD Total City Jobs

Percent of City Jobs in CBD

seattle 204,872 450,433 45.5%

Washington, DC 236,898 586,058 40.4%

Philadelphia 221,334 588,490 37.6%

san Francisco 186,981 513,627 36.4%

Chicago 388,051 1,155,225 33.6%

Baltimore 96,220 296,640 32.4%

manhattan - midtown & Lower

1,063,416 3,449,956 30.8%

Detroit 68,405 230,803 29.6%

Denver 115,463 404,333 28.6%

Austin 144,899 541,986 26.7%

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

A wage and salary job is a position for which an employee receives an hourly wage or annual salary from an employer who contributes to the unemployment insurance system. Wage and salary jobs do not include sole proprietors, individuals compensated as partners, or informal employment not covered by unemployment insurance.

Philadelphia & Metro Area Employment in Select Industries, 2011

Source: Total Full-time and Part-time Employment by NAICS Industry, U.S. Bureau of Economic Analysis

Philadelphia Metro Area Outside Philadelphia

% of Regional Jobs in Philadelphia

Office

Transportation & Trade

Education & Healthcare

Leisure & Hospitality

671,737

146,534 (21.8%)

(21.5%)

(57.5%)

(34.8%)

100,291

236,814

72,293

467,219

411,884

207,480

43Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 44: State of Center City 2013

emPloyment

Education & Healthcare Year-Over-Year Change in Employment

Ch

ang

e in

Em

plo

ymen

t fr

om

Pre

vio

us

Year

Source: Total Full-time and Part-time Employment by NAICS Industry, U.S. Bureau of Economic Analysis

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

-6%

-4%

-2%

0%

2%

4%

6%

2.9%3.4% 3.6% 3.6%

Philadelphia Metro Area Outside Philadelphia

1.4%2.0%

2.9%

-0.9%1.5%

Leisure & Hospitality Year-Over-Year Change in Employment

Ch

ang

e in

Em

plo

ymen

t fr

om

Pre

vio

us

Year

Source: Total Full-time and Part-time Employment by NAICS Industry, U.S. Bureau of Economic Analysis

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

-6%

-4%

-2%

0%

2%

4%

6%

2.4%2.3%

5.9%

-1.2%

Philadelphia Metro Area Outside Philadelphia

-5.4%

3.5%

5.2%

2.3%

Office Sector Year-Over-Year Change in Employment

Ch

ang

e in

Em

plo

ymen

t fr

om

Pre

vio

us

Year

Source: Total Full-time and Part-time Employment by NAICS Industry, U.S. Bureau of Economic Analysis

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

-6%

-4%

-2%

0%

2%

4%

6%

1.6%

-1.2%

4.1%3.9%

-1.6%

2.2%

-2.7%

Philadelphia Metro Area Outside Philadelphia

1.0%

0.2%

0.9%

Transportation & Trade Year-Over-Year Change in Employment

Ch

ang

e in

Em

plo

ymen

t fr

om

Pre

vio

us

Year

Source: Total Full-time and Part-time Employment by NAICS Industry, U.S. Bureau of Economic Analysis

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

-6%

-4%

-2%

0%

2%

4%

6%

-4.8%

1.8%1.1% 1.3%

Philadelphia Metro Area Outside Philadelphia

-3.1%

-3.9%

-1.1%

-0.5%

0.6%

-0.2%

OFFICe YeAR-OveR-YeAR CHANGe IN emPLOYmeNT

LeIsURe & HOsPITALITY YeAR-OveR-YeAR CHANGe IN emPLOYmeNT

eDUCATION & HeALTHCARe YeAR-OveR-YeAR CHANGe IN emPLOYmeNT

TRANsPORTATION & TRADe YeAR-OveR-YeAR CHANGe IN emPLOYmeNT

between 2010 and 2011, Philadelphia job growth exceeded the suburbs in the education and healthcare, leisure and

hospitality, and transportation and trade sectors.

44 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 45: State of Center City 2013

emPloyment

Philadelphia Firms with 1-4 Employees - 2010

Source: County Business Patterns, U.S. Census Bureau

Core Center City 23.6%

Extended Center City 10.6%

South Philadelphia 5.9%

Bridesburg/Kensington/Richmond 8.2%

Far Northeast 7.8%

West Philadelphia 7.2%

North Philadelphia 7.0%

Olney/Oak Lane 6.7%

Near Northeast 11.2%

Germantown/Chestnut Hill 5.5%

Southwest Philadelphia 3.8%

Roxborough/Manayunk 2.7%

Greater Center City 34.2%

PHILADeLPHIA FIRms WITH 1-4 emPLOYees, 2010

TOTAL WAGe & sALARY emPLOYmeNT

YeAR-OveR-YeAR emPLOYmeNT CHANGe

2003 2007 June 2012 Change 2003 - June 2012

Total Wage & Salary Employment

Philadelphia 533,881 528,154 529,756 -4,125

Philadelphia suburbs 1,744,340 1,822,782 1,754,703 10,363

Change

Philadelphia -1.1% 0.3% -0.8%

Philadelphia suburbs 4.5% -3.7% 0.6%

Philadelphia went into recession later than the region and the nation, fell less far, and rebounded

faster. but as recovery has begun,

Philadelphia is lagging behind.

greater Center City accounts for more than

34% of small firms in Philadelphia.

Source: Quarterly Census of Employment & Wages, U.S. Bureau of Labor Statistics

Year Over Year Employment Growth

-5%

-4%

-3%

-2%

-1%

0%

1%

2%

3%

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 June 2012

Source: Quarterly Census of Employment & Wages, U.S. Bureau of Labor Statistics

City of Philadelphia Philadelphia Suburbs US

-1.08%

-0.92%

-0.29%

-4.60%

1.81%

-4.14%

0.71%

-1.78% -0.37%

Ch

ang

e in

Em

plo

ymen

t fr

om

Pre

vio

us

Year

45Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 46: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org46

tranSPortation & aCCeSS

Page 47: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 47

Center City is just seven miles from Philadelphia international airport (Phl), which puts 50% of the american population within two hours’ flying time of Philadelphia.

Passenger traffic at PHL decreased slightly from 30.84 million in 2011 to 30.25 million in 2012, mirroring national trends. similarly, at the international terminal, after six years of continued growth, the number of passengers remained flat at 4.35 million in 2012.

PHL is served by more than 30 airlines departing from seven terminals. With more than $21 million dollars in capital improvements in 2012 and renovations amounting to more than $1 billion in capital costs since 2000, PHL provides non-stop flights to 88 domestic and 37 international destinations. The most frequently scheduled domestic connections in 2012 were Atlanta, Chicago O’Hare, Boston, New York LaGuardia, and Detroit, while the top international destinations were Toronto, montréal, London, Ottawa, and Halifax.

As the third busiest stop along the nation’s Northeast Corridor, Philadelphia is linked by high-speed connections to Boston, New York City, Baltimore, and Washington, D.C. Amtrak’s 30th street station averaged 12,540 weekday riders in 2012, and total Amtrak ridership in Philadelphia rose 6.5%, surpassing 4 million annual passengers for the first time.

With gas prices approaching $4, public transportation use is up. Average weekday passengers using sePTA, PATCO, and NJ Transit in and around Center City in 2012 increased 3% to 305,238. sePTA ridership increased 3.6% on lines serving Center City, including an 8.1% increase in passenger trips on the Broad street and market-Frankford Lines. PATCO, which recently finished its concourse improvement project, saw its highest ridership since 1999 and, beginning in 2013, will overhaul all its cars, including a brand-new interior design. In partnership with sePTA and PATCO, the CCD continued installation of new signage at 77 of 108 transit portals to the underground concourse, making access to subways, trolleys, and trains, particularly for new riders, easier and more convenient. By summer 2013, the CCD will install bus maps at an additional 24 bus shelters so that all 90 Center City bus shelters will have maps and historic panels.

All 120 of sePTA’s silverliner v Regional Rail cars are now online, and sePTA is moving forward with the implementation of its new fare system. In 2013, pilot locations for its New Payment Technologies program will be established, and by 2014, a contactless payment system will accept credit cards, debit cards, smart phones, and sePTA smart cards to make taking transit more customer-friendly.

Development of the first phase of a bikeshare system throughout Center City and University City has begun and is expected to be a fully functional system with more than 100 stations by fall 2014. Bicycle commuting continues to increase, and a fall 2012 study conducted by the Center City District showed a 10.5% increase in bicyclists arriving in Center City from neighborhoods to the south. Recently added north and south bike lanes on 10th and 13th streets make it easier for bicyclists to come into Center City. On spruce and Pine streets, protected bike lanes connect Center City, east and west. A new eight-foot buffered bike lane opened on the Walnut street bridge that connects Center City with University City.

Center City residents repeatedly cite proximity to shopping, dining, arts and culture, and work as prime factors for choosing to live downtown. While overall 60% of Philadelphia residents drive to work, only 25% of core Center City residents commute to work by car. most, 44%, walk or bike to work, and another 22% use public transit.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 47

Page 48: State of Center City 2013

tranSPortation & aCCeSS

PHILADeLPHIA TRANsIT seRvICes, AveRAGe WeekDAY RIDeRsHIP AT CeNTeR CITY sTATIONs, 2012

City Hall

INDEPENDENCE NATIONALHISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

DE

LAW

AR

E R

IVE

R

SC

HU

YLK

ILL

RIV

ER

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

26TH

ST

27TH

ST

MARKET ST

VINE ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

PINE ST

LOMBARD ST

SOUTH ST

LOVPA

OVPA

Suburban Station24,011

15 St.Station45,123

City Hall33,399

8th St.Station14,005

13th St.Station13,666

Market EastStation13,434

11th St.Station9,504

Walnut-LocustStation6,489

19th St.Station3,767

22nd St.Station2,485

5th St.Station3,337

Lombard-SouthStation2,751

Race-VineStation2,373

PATC

O16

,118

TOP CeNTeR CITY TRANsPORTATION PRIORITIes, 2012

AmTRAk RIDeRsHIP AT 30TH sTReeT sTATION, 2012

Source: Amtrak

Annual ridership

4,068,540Average weekday ridership

12,540

Source: SEPTA & PATCO

66%

60%

Top 3 transportation priorities from Center City District customer satisfaction survey

Provide “real time” information at transit

stops about arrival times of trains,

trolleys, and buses

Improve the frequency/quality

of service on public

transportation

Reduce the amount

of traffic congestion

50%

0%

10%

20%

30%

40%

50%

60%

70%

Source: Customer Satisfaction Survey, Center City District

48 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 49: State of Center City 2013

tranSPortation & aCCeSS

GReATeR CeNTeR CITY meTHOD OF COmmUTe TO WORk, 2011

CORe CeNTeR CITY meTHOD OF COmmUTe TO WORk, 2011

AveRAGe WeekDAY TRANsIT RIDeRsHIP IN CeNTeR CITY, 2012

Center City parking kiosk revenue in 2012 was

$27 million, a 50% increase since 2010.

PHILADeLPHIA INTeRNATIONAL AIRPORT PAsseNGeRs, 2012

Domestic

25,904,595 International

4,348,221

Source: Philadelphia International Airport

49Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Bicycle6%

Work fromHome 5%

Greater Center City Method of Commute to Work, 2011

Other 1%

2007-2011 American Community Survey 5-year Estimates, U.S. Census Bureau

Car38%

Walk26%

PublicTransport

24%

Total Workers:90,229

Bicycle 4%

Workfrom

Home6%

Core Center City Method of Commute to Work, 2011

Other 3%

2007-2011 American Community Survey 5-year Estimates, U.S. Census Bureau

Car25%

Walk40%

PublicTransport

22%

Total Workers:30,942

SEPTA Trolleys 8%

PATCO 5%

2012 Average Weekday Transit Ridership

NJ TransitBuses 2%

Source: SEPTA, PATCO, NJ Transit

SEPTASubway

41%SEPTA

Bus Lines32%

SEPTARegionalRail 12% Total Riders:

305,238

Page 50: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org50

SuStainability

Page 51: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 51

Center City Philadelphia compresses into a 17th century street-grid high-rise office towers, hotels, hospitals, schools, condominium buildings, row-homes, and apartment buildings. Center City now has 8.6 million square feet of workspace in 31 leed-certified buildings, while an additional 33 downtown buildings received the energy Star certification for meeting strict energy efficiency standards. overall, Philadelphia ranked 11th in the country for energy Star buildings, its best position since ratings began in 2008. green-roof coverage increased 10% in greater Center City in the last year to 279,922 square feet.

About 40% of all jobs in the city and 11% in the region are concentrated in Center City at a density of 167 jobs per acre, compared to less-than-one job per acre in the suburban counties. Density means relatively less energy consumption, less time and money spent on auto-commuting, and more chance encounters and business connections on street corners, at sidewalk cafes, and in restaurants.

A pedestrian-friendly downtown, accessed with ease via local and regional public transportation, Center City is served by 37 bus lines, 13 regional train lines, five trolley lines, three subways, and by Amtrak’s Northeast Corridor service. Of sePTA’s 1,350 buses, 632 will be hybrids by the end of 2013. The sePTA-viridity energy collaboration, a first-in-the-world approach, captures, stores, and reuses energy from braking trains along the market-Frankford Line.

Public transit use is at its highest in more than a decade, carrying an average of 305,000 people daily into and out of Center City, as well as 12,500 daily Amtrak passengers through 30th street station.

Thirty-eight persons per acre live in core Center City, with densities rising to 63 persons per acre around Rittenhouse square, compared to 16 persons per acre throughout the rest of the city and less than two persons per acre across the region.

The convenience of density and diversity has boosted Center City’s population by 11.4% in the last 12 years, as the volume and price of housing in 2012 increased, days on market decreased, and the inventory of condo units left unsold from the recession of 2008-2009 has declined steeply.

Residents also benefit from a growing number of car-share options with 149 pods holding 306 available cars, an increase of 20% over 2011. Center City also offers 40 charging stations for electric vehicles, including 12 provided for car-share services.

Farmers’ markets are expanding throughout Center City, promoting the local food scene and reducing transportation costs. During 2012, more than $2.5 million in sales were reported at 15 different farmers’ markets, including the highly successful Headhouse square and Rittenhouse square markets.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 51

Page 52: State of Center City 2013

SuStainability

DOWNTOWN WALk, BIke, & TRANsIT sCORes, 2012

167

4 0.8

Employment Density

CoreCenter City

Philadelphiaexcl Center City

Region

Source: OnTheMap - 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

Jobs

Per

Acr

e

0

50

100

150

200

ResIDeNTIAL DeNsITY

emPLOYmeNT DeNsITY

Source: Walk Score

Walkscore

Midtown Manhattan, NY

Downtown San Francisco, CA

Downtown Washington, DC

The Loop - Downtown Chicago, IL

Center City Philadelphia, PA

99

60

100

98

81

98

97

91

99

96

88

91

93

77

98

Walk Score is a company that explores the relationship between real estate and walkability and calculates a walk score number from 0 to 100 that measures walkability of any address, neighborhood, or city. Walkability is measured by the proximity of a place to local amenities, such as restaurants, parks, or stores and determines the number of daily errands that can be accomplished without the need to drive a car. Bike Score and Transit Score are calculated by averaging the corresponding scores for the downtown Zip codes.

With the help of recyclebank, the Streets department recycling rate in Center City has reached 26%.52 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Residential Density

CoreCenter City

38

16

Extended Center City

Philadelphiaexcl Center City

Source: 2012 Population Estimates, U.S. Census Bureau

Res

iden

ts P

er A

cre

0

5

10

15

20

25

30

35

40

30

Page 53: State of Center City 2013

SuStainability

LeeD-RATeD BUILDINGs & OFFICe sPACes IN CeNTeR CITY (>50,000 sQ FT)

191025,849

DE

LAW

AR

E R

IVE

R

SC

HU

YLK

ILL

RIV

ER

BR

OA

D S

T

18T

H S

T

10T

H S

T

MARKET ST

WASHINGTON AVE

SPRING GARDEN ST

Project Name Street Building Type Zip Code Certification Level Gross SF

Comcast Center 1701 John F. kennedy Boulevard Commercial 19103 Gold 1,651,820

Two Commerce square 2001 market street Commercial 19103 silver 1,043,098

One Commerce square 2005 market street Commercial 19103 silver 1,022,084

Pennsylvania Convention Center 1101 Arch street Commercial 19107 Gold 916,184

Ten Penn Center 1801 market street Commercial 19103 Gold 721,408

Five Penn Center 1601 market street Commercial 19103 Certified 708,702

1835 market street 1835 market street Commercial 19103 silver 686,503

strawbridge & Clothier Building 801-823 market street Commercial 19107 Gold 661,216

777 south Broad street 777 south Broad street Residential 19147 silver 218,753

kimpton Hotel monaco 433 Chestnut street Com mercial 19106 Gold 209,538

kimpton Palomar Hotel 117 south 17th street Commercial 19103 Gold 156,650

Thomson Reuters 1500 spring Garden street, 4th Floor Commercial 19130 silver 125,000

montgomery mcCracken Walker & Rhoads 123 south Broad street, 28th Floor Commercial 19109 silver 111,346

Barnes Foundation 2025 Benjamin Franklin Parkway Institutional 19130 Platinum 102,615

Curtis Institute of music, Lenfest Hall 1616 Locust street educational 19103 Gold 89,185

PeCO - Christian street service Building 830 schuylkill Avenue Industrial 19146 Gold 70,644

Connelly House 1212 Ludlow street Residential 19107 Gold 65,412

Friends Center 1501 Cherry street Institutional 19102 Platinum 56,565

The Lift at Juniper street 101 south Juniper street Parking 19107 Certified 51,300

Source: U.S. Green Building Council

FARmeRs’ mARkeTs IN GReATeR CeNTeR CITY

Friday

saturday

sunday

Tuesday & saturday

Tuesday

Wednsday

Thursday 761 trees planted by CCd

captured over

390,000 gallons of stormwater

runoff in 2012.

Source: Farm to City, The Food Trust

53Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 54: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org54

doWntoWn living

Page 55: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 55

between 2000 and 2012, the population in Center City between girard avenue and tasker Street increased by 11.4%. as the economy has begun to recover, the pace of construction has picked up, with developers bringing 355 new units to market in 2011 and 536 units in 2012. Since 1992, the average sale price for homes, adjusted for inflation, has grown by 124%, while the demand for rental housing has steadily increased. more than 175,000 people now live in greater Center City.

economic, demographic, energy, and cultural trends have all converged to infuse new value into Philadelphia’s intimately-scaled, walkable, and diverse downtown, rich with more than 300 years of architecture and history. more than 40% of Greater Center City residents work downtown, and another 11% work in University City. Three-quarters of residents commute to work without a car in the core of downtown. Young renters and first-time home buyers, families with children, and empty-nesters have all chosen to live in Center City to be near work or school, to save on commuting time and costs, to take advantage of a diverse array of cultural offerings, and to experience a continually expanding restaurant scene. Between 2011 and 2012, the volume of home sales increased by 16% in Greater Center City; prices were up in the core by 12.5% (compared to 4.4% in extended Center City), and days on market were down 22.2% (compared to -4% in extended Center City). The Greater Center City rental market also remained strong, with the average monthly rent for a one-bedroom apartment in core Center City varying between $1,453 in Zip code 19107 to $2,270 in Zip code 19102. Two-bedroom apartments in Zip codes 19102 and 19106 saw the greatest increases, up $515 and $244, respectively.

In Greater Center City neighborhoods, 53.5% of those age 25 and over hold at least a bachelor’s degree, and 27.5% have advanced degrees. The highest concentrations of bachelor’s degrees are in Rittenhouse square (82.5%), society Hill (76.6%), the Waterfront (75.4%), Washington square West (72.5%), and Old City (72.4%).

Center City has twice the national average of 25-34 year olds (28.7% of the population) and significantly more than the city’s average of 16.1%. In the more affordable neighborhoods of extended Center City, 18.9% of families have children under age 18, with a burgeoning cadre of strollers filled with pre-schoolers. Philadelphia has a major opportunity to retain these families with children as they begin to look for educational opportunities in a diverse setting that is also close to work.

The Greater Center City Neighborhood school Coalition, a group of parents, is partnering with the school District of Philadelphia and the CCD to strengthen the role of the 11 Center City neighborhood public elementary schools as anchors for the communities between Girard Avenue and Tasker street.

each month, dozens of events for children are listed on the CCD’s website, kidsInCenterCity.com, along with information about kid-friendly shopping and dining options and various services. The site also serves as a forum for parents who wish to write about the issues that affect their schools and children in Center City.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 55

Page 56: State of Center City 2013

doWntoWn living

Source: City of Philadelphia Department of Records, provided by Kevin Gillen, PhD – Fels Institute of Government, University of Pennsylvania

Average House & Condo Sale Price, 2012

19102

19106

19103

19107

19123

19130

19147

19146

$1,105,975

$950,267

$887,500

$434,618

$322,037

$761,210

$562,690

$347,122

$323,304

$359,176

$344,604

$324,242

$244,945

$366,733

$246,357$420,641

House

Condo

AveRAGe HOUse & CONDO sALe PRICe, 2012

GReATeR CeNTeR CITY AveRAGe QUARTeRLY HOme sALe PRICeGreater Center City Average Quarterly Home Sale Price

19931988 1989 1990 1991 199219871986 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Ave

rag

e S

ale

Pri

ce

$0

$100,000

$50,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000$364,515

$311,982 Current Dollars 2012 Constant Dollars

$136,736

Note: Current dollars measure the actual sale price in a given year. Constant dollars enable a more accurate picture of change over time by holding constant the effects of inflation or deflation.

Source: City of Philadelphia Department of Records, provided by Kevin Gillen, PhD – Fels Institute of Government, University of Pennsylvania

$65,273

the average sale price of a home in the core of Center City ranged from

$562,690 in Zip code 19107 to $1,105,975 in Zip code 19102. in extended Center City,

prices ranged from $246,357 to $347,122.

56 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 57: State of Center City 2013

doWntoWn living

GReATeR CeNTeR CITY ResIDeNTIAL UNITs COmPLeTeDGreater Center City Residential Units Completed

Un

its

Co

mp

lete

d

200019991998 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Source: Developments Database, Center City District

Apartments Condos Single-Family Homes

0

500

1,000

1,500

2,000

2,500

240

95

201168

2

Total Sales Transactions Average Sale Price Average Days on Market

Zip Code 2011 2012 % Change 2011 2012 % Change 2011 2012 % Change

19102 61 74 21.3% $441,882 $460,313 4.2% 107 82 -23.5%

19103 262 295 12.6% $554,337 $627,262 13.2% 162 114 -30.1%

19106 161 191 18.6% $501,197 $552,840 10.3% 120 109 -8.7%

19107 119 110 -7.6% $360,193 $410,383 13.9% 135 114 -15.7%

Core CC Total 603 670 11.1% $490,459 $552,000 12.5% 140 109 -22.2%

19123 141 143 1.4% $324,899 $341,924 5.2% 97 106 8.5%

19130 297 364 22.6% $311,959 $338,071 8.4% 86 78 -9.9%

19146 540 665 23.1% $278,614 $299,546 7.5% 87 83 -4.9%

19147 455 520 14.3% $339,093 $337,182 -0.6% 95 93 -2.1%

Extended CC Total 1,433 1,692 18.1% $309,282 $322,982 4.4% 90 87 -4.0%

Greater CC Total 2,036 2,362 16.0% $362,941 $387,945 6.9% 105 93 -11.5%

Source: Trend Multiple Listing Service, Provided by Nigel Richards - Coldwell Banker Preferred

GReATeR CeNTeR CITY ResIDeNTIAL sALes

the average sale price of residential units in the core of Center City increased 12.5% from 2011 to 2012, while the days on market decreased by 22.2%.

With the inventory left from the recession nearly absorbed, the volume of construction is picking up.

57Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 58: State of Center City 2013

doWntoWn living

AveRAGe ONe-BeDROOm APARTmeNT ReNT, 2012

CORe CeNTeR CITY TWO-BeDROOm APARTmeNT ReNT

Average One-Bedroom Apartment Rent , 2012

19102 19147 19103 19106 19130 19107 19123 19146

Ave

rag

e M

on

thly

Ren

t

So

urc

e: I

nte

gra

Rea

lty

Res

ou

rces

Note: Data reflect buildings with 50 or more apartment units.

$0

$500

$1,000

$1,500

$2,000

$2,500 $2,244

$1,727$1,658 $1,537 $1,453

$1,275

$993

$2,270

CORe CeNTeR CITY ONe-BeDROOm APARTmeNT ReNTCore Center City One-Bedroom Apartment Rent

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

$2,200

$2,400

2009 2010 2011 2012

19102

19103

19106

19107

$1,586

$1,690

$1,979 $1,964

$1,664

$1,227$1,400

$1,464

$1,658$1,477

$1,539

$2,270

$1,727$1,764$1,774

$1,453

Ave

rag

e M

on

thly

Ren

t

Source: Integra Realty Resources

Note: Data reflect buildings with 50 or more apartment units.

Core Center City One-Bedroom Apartment Rent

$1,000

$1,300

$1,600

$1,900

$2,200

$2,500

$2,800

$3,100

$3,400

2009 2010 2011 2012

$2,358

$2,253

$2,549$2,681

$2,114

$1,753 $1,816$2,003

$2,272

$2,028

$2,148

$3,196

$2,214$2,239

$2,089$2,192

Ave

rag

e M

on

thly

Ren

t

19102

19103

19106

19107

Source: Integra Realty Resources

Note: Data reflect buildings with 50 or more apartment units.

536 new housing

units were completed in greater Center City

in 2012.

as the demand for rental

housing has remained strong,

developers are bringing new units to

market.

58 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 59: State of Center City 2013

doWntoWn living

Core Center City Households

Families withChildren

Under 186.1%

FamiliesWithoutChildren

Under 1817.9%

One-PersonHouseholds

60.1%

Non-Family,Multi-PersonHouseholds

15.9%

Source: 2006-2010 American Community Survey 5-year Estimates, U.S. Census Bureau

Extended Center City Households

Families withChildren

Under 1818.9%

FamiliesWithoutChildren

Under 1822.6%

One-PersonHouseholds

40.9%

Non-Family,Multi-PersonHouseholds

17.6%

Source: 2006-2010 American Community Survey 5-year Estimates, U.S. Census Bureau

Balance of Philadelphia Households

Families withChildren

Under 1832.6%

FamiliesWithoutChildren

Under 1828.0%

One-PersonHouseholds

31.6%

Non-Family,Multi-PersonHouseholds

7.8%

Source: 2006-2010 American Community Survey 5-year Estimates, U.S. Census Bureau

U.S. Households

Families withChildren

Under 1833.0%

FamiliesWithoutChildren

Under 1833.5%

One-PersonHouseholds

26.7%

Non-Family,Multi-PersonHouseholds

6.8%

Source: 2006-2010 American Community Survey 5-year Estimates, U.S. Census Bureau

CORe CeNTeR CITY HOUseHOLDs

BALANCe OF PHILADeLPHIA HOUseHOLDs

exTeNDeD CeNTeR CITY HOUseHOLDs

U.s. HOUseHOLDs

the core of Center City has 2.25 times the national average of single-person households,

but 18.9% of households in the extended neighborhoods now have school-aged children.

59Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 60: State of Center City 2013

doWntoWn living

PRImARY & seCONDARY sCHOOL eNROLLmeNT IN GReATeR CeNTeR CITY, 2011-2012

r evi R

l li kl yuhc S

reviRera

waleD

GIRARD AVE

TASKER ST

MARKET ST

ARCH ST

WALNUT ST

PINE ST

VINE ST

BR

OA

D S

T

School Enrollment

100-500<100 >500

Public Magnet

Private

Parochial

CharterSource: PA Department of Education; City of Philadelphia Planning Commission

425344

6

5234

32

18

40

5122

33

6155

41

8

36

464726

49

2

14

19

20

3743

12

13

9

54

21

35

5

56

60

5024

25

4816

4

3

23

59

3930

10 1557

27

45

11

1

738

6229

17

28

31

1. Academy at Palumbo2. Albert m Greenfield school3. Andrew Jackson elementary4. Annunciation school5. Arise Academy Charter school6. Bache-martin elementary7. Beginnings Learning Center8. Benjamin Franklin High school9. Charter High school for Architecture & Design10. Chester A Arthur elementary 11. Christopher Columbus Charter school12. City Center Academy13. Constitution High school14. De La salle In Town15. edwin m stanton elementary

16. eliza B kirkbride elementary17. Folk Arts-Cultural Treasures Charter school18. Franklin Learning Center19. Freire Charter school20. Friends select school21. General George A mcCall elementary22. General Philip kearny elementary23. George W Childs elementary24. George W Nebinger elementary25. George Washington elementary26. Greene Towne school Inc27. High school for Creative and Performing Arts28. Holy Redeemer school29. Independence Charter school30. James Alcorn elementary

31. John W Hallahan Girls school32. Julia R masterman middle & High school33. Laboratory Charter school34. Laura W Waring elementary35. mastery Charter High school36. math Civics and sciences Charter school37. mulberry Child Care school38. New visions Learning Center39. Our Lady Of Angels school40. Parkway Center City High school41. People For People Charter school42. Philadelphia Academic school43. Philadelphia electrical & Technical Charter44. Philadelphia mennonite H s45. The Philadelphia school46. Roman Catholic High school47. Russell Byers Charter school

48. sacred Heart school49. science Leadership Academy50. settlement music school kindergarten51. spring Garden school52. st Francis xavier school53. st Joseph’s Preparatory school54. st mary’s Interparochial school55. st Peter The Apostle school56. st Peter’s school57. Universal Institute Charter school58. Walter D Palmer Leadership Learning Partners59. Walter G smith elementary60. William m meredith elementary61. William W Bodine High school62. World Communications Charter school

60 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 61: State of Center City 2013

doWntoWn living

NeighborhoodWorkers Commuting to Jobs in Core Center City

Workers Commuting to Jobs in Extended Center City

Workers Commuting to Jobs in Greater Center City

Chinatown 42.7% 5.5% 48.2%

Old City 42.6% 5.0% 47.6%

Queen village 38.3% 9.1% 47.4%

Northern Liberties 35.3% 11.9% 47.2%

Bella vista 37.5% 9.0% 46.5%

Passyunk square 33.1% 12.1% 45.2%

Waterfront 39.4% 5.7% 45.1%

Graduate Hospital 38.3% 6.6% 44.9%

society Hill 39.0% 5.6% 44.6%

Washington square West 39.4% 4.5% 43.9%

Logan square 36.9% 4.1% 41.0%

Fairmount/spring Garden 32.3% 8.2% 40.5%

Pennsport 30.9% 9.1% 40.0%

Rittenhouse square 35.9% 3.7% 39.6%

Callowhill/Poplar 29.5% 9.7% 39.2%

Point Breeze 29.0% 9.5% 38.5%

Grays Ferry 25.0% 8.1% 33.1%

WHeRe CeNTeR CITY ResIDeNTs JOURNeY TO WORk

HOUseHOLD INCOme

Source: OnTheMap – 2010, Local Employment Dynamics Partnership, U.S. Census Bureau

the average household

income in the core of Center

City was $103,246 in

2011.

Household Income

2000 2010 2011

So

urc

e:20

00:

2000

Cen

sus,

U.S

. Cen

sus

Bu

reau

2010

: 20

06-2

010

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau

2011

: 20

07-2

011

Am

eric

an C

om

mu

nit

y S

urv

ey

5

-yea

r E

stim

ates

, U.S

. Cen

sus

Bu

reau$8

9,60

0

$53,

762

$55,

807

$57,

403

$99,

536

$103

,246

$62,

457

$68,

221

$49,

964

$53,

968

$53,

908

$58,

102

Core Extended Balance of Philadelphia Philadelphia

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

Ave

rag

e H

ou

seh

old

Inco

me

in

2012

Infl

atio

n-A

dju

sted

Do

llars

on average, 40% of greater Center City residents work between tasker Street and girard avenue.

61Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 62: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org62

Center City diStriCt

Page 63: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 63

the Center City district’s teams of teal-clad sidewalk cleaners and Community Service representatives (CSrs) maintain a highly visible on-street presence as they work to make the downtown cleaner, more welcoming, and safer. in response to the CCd’s 2012 customer satisfaction survey, 77% of the 3,282 survey respondents reported seeing CCd’s uniformed personnel “most” or “every time” they are downtown.

The 42 CsRs who patrol downtown on foot day and night, seven days a week, serve as on-street ambassadors as well as additional eyes and ears for police. In 2012, CsRs recorded 189,885 interactions with pedestrians and business owners. Due to the unique partnership with the Philadelphia Police Department, there has been a dramatic reduction in both serious and quality-of-life crimes in the last two decades, even as the population, the number of visitors, and the level of activity in Center City has significantly increased. Reported incidences of serious crime have been cut in half from 20.19 per day in 1993 to 10.58 per day in 2012. This is reflected in the 2012 Customer satisfaction survey, with 78% of respondents reporting that they “always feel safe” or “feel safe most of the time” in Center City.

The CCD devoted 75% of its $19.7 million budget in 2012 to the on-street staff and physical improvements that make downtown clean, safe, and attractive. sixty sweepers, pressure washers, and supervisors are deployed seven days a week, while an additional team of 60 cleaners maintains, via contracts with the City and sePTA, 3.5 miles of underground transit concourse and two regional rail stations.

CCD crews collected three million gallons of trash from sidewalks within the 233-block district. As a result, 64% of survey respondents rated Center City sidewalks as “much cleaner” than other areas of Philadelphia. Residential neighborhoods adjacent to the District benefit through six fee-for-service contracts that provide job opportunities for disadvantaged workers.

In addition to their daily responsibilities, CsRs survey the District bimonthly with hand-held computers noting overflowing dumpsters, downed wires, illegal signs and other problematic issues, which are reported to the responsible agencies. every other month, members from multiple agencies convene in the Public space Collaborative to address those problems.

The CCD’s Crime Prevention Council, now in its 16th year, continues to foster bi-monthly discussions among 300 public

and private-sector law enforcement professionals working in Center City’s office towers, hotels, universities, and hospitals. In partnership with the Philadelphia Police Department, CCD also administers Alert Philadelphia, a unique text-messaging system that shares information about crime trends, major incidents, protests, and other disturbances.

Capital improvements in 2012 totaled $14,322,073. The CCD completed renovations to both John F. Collins Park at 1707 Chestnut street and sister Cities Park at 18th street and the Benjamin Franklin Parkway. In addition, CCD officially broke ground for the $55 million transformation of Dilworth Plaza, west of City Hall. Twelve additional blocks were illuminated with the installation of 124 pedestrian-scale light fixtures in three areas of Center City: Chinatown, Old City, and Washington square West, bringing the total ornamental, pedestrian-scale lights installed throughout Center City since 1996 to 2,179. Capital investments from 1997 through 2012 now total $82,983,273.

The CCD installed new portal signs at 14 entrances to underground transit, including all PATCO stops on Locust street. In 2013, the CCD will install new bus shelter maps and historic panels at 24 bus shelters and will update existing maps at an additional 66 bus shelters.

The CCD continued to maintain its inventory of 761 street trees and replaced 51 trees during 2012. Through a contract with the City’s Commerce Department, the CCD also assisted the nearby Callowhill Neighborhood Association in planting 22 new street trees and in advancing the design for the sePTA-owned portion of the Reading viaduct.

The CCD’s Art in Transit and banner programs continued to provide arts, cultural, and civic groups an affordable way to communicate to the public while enlivening the cityscape. In 2012, 3,835 banners were mounted on banner poles and 649 posters installed in transit shelters. In keeping with its commitment to sustainability, the CCD recycled used banners into 1,052 banner bags for resale.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 63

Page 64: State of Center City 2013

Center City diStriCt

Frequency of CCD Street Personnel

Every time Mostof the time

Infrequently Never

Res

po

nd

ents

Source: Center City District, 2012

0%

10%

20%

30%

40%

50%

60%

70%

52%

21%

3%

25%

FReQUeNCY OF eNCOUNTeRING CCD ON-sTReeT PeRsONNeL WHeN IN CeNTeR CITY, 2012

Perception of Sidewalk Cleanliness, 2012

Much cleaner About the same Somewhat dirtier Much dirtier

Res

po

nd

ents

Source: Center City District, 2012

0%

10%

20%

30%

40%

50%

60%

70%

30%

3% 1%

67%

PeRCePTION OF sIDeWALk CLeANLINess IN ReLATIONsHIP TO THe ResT OF PHILADeLPHIA, 2012

Perception of Center City General Atmosphere, 2012

Excellent Good Average Below average

Res

po

nd

ents

Source: Center City District, 2012

0%

10%

20%

30%

40%

50%

60%

70%59%

11%

2%

28%

PeRCePTION OF CeNTeR CITY GeNeRAL ATmOsPHeRe, 2012

Center City district’s annual customer

satisfaction survey received 3,282

responses in 2012, as owners, workers,

residents, and shoppers expressed their

perception of downtown and their priorities for

improvement.

64 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 65: State of Center City 2013

Center City diStriCt

Honor Box Corrals

Fixed (in ground) 25

Adjustable 86

Bike Racks

Fixed (in ground) 26

Signs

Disk map signs installed 256

Pedestrian directional signs installed 433

vehicular directional signs installed 71

vehicular directional signs maintained 236

Bus shelter signs installed 66

Parkway interpretive signs installed 63

Transit portal signs installed, locations 77

Landscaping

Landscape maintenance, John F. Collins Park

Landscape maintenance, sister Cities Park

Landscape maintenance, Three Parkway Plaza

Trees maintained 761

Planters installed 104

Lighting

Pedestrian streetlights installed 2,179

sculptures illuminated 20

Parkway building facades illuminated 12

Underpasses lit 3

Avenue of the Arts building facades illuminated

12

City Hall lights installed, eight locations 69

Street Furniture

Park benches installed 25

CCD PUBLIC sPACe ImPROvemeNTs

100landscaped

planters improve downtown’sstreetscape.

2,179 pedestrian streetlights

make Center City safer.

CCd installed façade lighting on 12 buildings

on avenue of the arts.

65Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 66: State of Center City 2013

Center City diStriCt

CeNTeR CITY DIsTRICT PROJeCTs, 2012

CRImes PeR DAY IN CeNTeR CITY DIsTRICT

City Hall

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

LOVEPARK

FRANKLINSQUARE

BENJAMIN FRANKLIN PKWY

Center City District

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

FRO

NT

ST

I-95

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

21S

T S

T

22N

D S

T

23R

D S

T

24TH

ST

25TH

ST

26TH

ST

27TH

ST

MARKET ST

VINE ST

RACE ST

CHERRY ST

ARCH ST

JFK BLVD

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

SPRUCE ST

PINE ST

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

Source: Center City District

2012 CCD Improvements

Transit Portal Sign Tree

PedestrianLighting

ParkRenovation

Crimes Per Day, 1993-2012

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Par

t 1

Cri

mes

20.42

10.27

0

5

10

15

20

25

10.58

20.19

even as the population, number of visitors, and level of activity has increased, there has been a dramatic reduction in crime in Center City.

66 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

streetscape improvements outside CCD boundaries were funded by fee-for-service contracts.

Page 67: State of Center City 2013

Center City diStriCt

Project Year CCD Funds Federal City State Foundations Other Donors Total

Center City streetscape 1997-98 $21,000,000 $5,000,000 $26,000,000

market east streetscape 2000 $7,500,000 $7,500,000

Office District Lighting 2002 $2,300,000 $400,000 $300,000 $3,000,000

City Hall Façade Lighting 2004 $135,000 $140,000 $525,000 $800,000

Logan Circle Pedestrian Access 2004 $1,500,000 $1,500,000

Parkway Lighting, phase I 2004 $2,100,000 $3,000,000 $5,100,000

Three Parkway Plaza, phase I 2005 $450,000 $450,000

City Hall Holiday Lighting 2005 $400,000 $400,000

Parkway Lighting, phase II 2005 $120,000 $30,000 $150,000

Pedestrian Lighting 2005 $1,250,000 $400,000 $35,000 $215,000 $1,900,000

Dilworth Plaza, design 2006 $16,400 $16,400

Bus shelter signs 2006-07 $109,200 $109,200

Aviator Park 2006-07 $1,750,000 $1,750,000

City Hall Portal Lighting 2007 $125,000 $125,000

Dilworth Plaza, design 2007 $26,600 $35,600 $65,300 $127,500

Honor Box Corrals 2007 $14,000 $86,000 $100,000

Parkway signs 2007 $2,600 $450,000 $70,000 $522,600

Pedestrian Lighting 2007 $347,000 $390,000 $365,000 $1,102,000

sculpture Lighting 2007 $10,000 $10,000

south Broad Lighting, phase I-Iv 2007-12 $350,000 $1,219,000 $1,015,900 $2,584,900

Three Parkway Plaza, phase II 2008 $516,000 $1,320,000 $42,000 $1,878,000

Dilworth Plaza, design 2008 $372,500 $372,500

Transit Portal signs, phase I-Iv 2008-12 $145,000 $433,300 $587,000 $514,100 $1,679,400

2nd street Civic Improvements 2009 $955,000 $955,000

Chestnut Park, phase I 2009 $91,900 $91,900

Delaware River Trail 2009 $250,000 $323,000 $573,000

Dilworth Plaza, design 2009 $831,700 $11,900 $843,600

Treevitalize 2009 $100,000 $100,000

Chestnut Park, phase II 2010 $210,500 $210,500

Dilworth Plaza, design 2010 $1,529,300 $445,700 $74,300 $2,049,300

LeD Lighting 21st, 22nd, 23rd street Underpasses 2010-11 $94,000 $40,000 $134,000

sister Cities, phase I 2010 $66,100 $186,500 $252,600

Chestnut/John F. Collins Park 2011 $14,700 $190,000 $1,400 $206,100

Dilworth Plaza, design and construction 2011 $2,569,000 $78,100 $545,800 $3,192,900

Pedestrian Lighting 2011 $229,300 $229,300

Reading viaduct 2011 $28,800 $28,800

sister Cities, phase II 2011 $53,700 $388,700 $1,985,900 $393,700 $2,822,000

John F. Collins Park 2012 $8,733 - - - - - $8,733

sister Cities, phase III completion 2012 $153,600 $1,117,100 - $490,400 $551,900 $10,000 $2,323,000

Dilworth Plaza, design and construction 2012 $57,340 $2,560,100 $2,179,500 $2,898,300 $304,500 $1,346,000 $9,345,740

Reading viaduct, design, engineering, and streetscape 2012 - - $91,800 - $96,200 - $188,000

Pedestrian Lighting 2012 $196,400 - $1,788,700 - - $176,600 $2,161,700

City Hall Lighting Improvement 2012 - - $89,600 - - - $89,600

Total $30,876,473 $5,815,900 $19,390,300 $10,452,900 $10,693,400 $5,754,300 $82,983,273

TOTAL CeNTeR CITY DIsTRICT CAPITAL PROGRAms, 1997-2012

67Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 68: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org68

Center City diStriCt

ParkS

Page 69: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 69

Since 2005, the Center City district has steadily increased the scale and complexity of its capital improvements, leveraging significant new investments in the parks and public spaces in Center City from foundation, state, and federal sources. building from a long-range plan, prepared by the Central Philadelphia development Corporation in 2003, the CCd has made $16,650,000 in improvements to public spaces on the benjamin franklin Parkway, the 1.1-mile diagonal boulevard connecting the central business district with a collection of cultural and educational institutions culminating with the Philadelphia museum of art at the entrance to fairmount Park.

With the goal of creating a more pedestrian-friendly environment and animating the public spaces in front of the museums and cultural institutions, the CCD installed new vehicular, pedestrian, façade, and monument lighting, as well as signs and new pedestrian crosswalks.

In 2007, the CCD renovated Aviator Park, adjacent to the Franklin Institute, making $1.8 million in improvements, including more green space, new signs, improved paved paths, and settings for major sculptures, benches, and lighting.

At Three Parkway Plaza, 16th street and the Parkway, $2.33 million in improvements were completed in 2008, including new paving, a granite seating wall at the western point of the park, new benches along the Parkway, 15 new trees, seasonal flowers, a new underground irrigation system, new pedestrian-scale lights, and the 1,200-square-foot Café Cret with outdoor seating.

In early 2012, Chestnut Park, 1707 Chestnut street, was restored and rededicated as John F. Collins Park after a $500,000 renovation that included conserving the original gates created by artist Christopher T. Ray, rehabilitation of the fountain, and restoration of the landscaping. During warm-weather months, the park offers twice-weekly acoustic concerts during the lunch hour.

In may 2012, a $5.2 million transformation of sister Cities Park at 18th street and the Parkway turned this barren, abandoned, 1.3-acre park into a richly planted, well-illuminated, and welcoming public space that provides a Children’s Discovery Garden with winding pathways, meandering stream and boat pond, a milk & Honey Café, a satellite of the Independence

visitor Center, and a plaza that features a fountain embedded in bluestone, commemorating Philadelphia’s 10 global sister cities. The park is programmed with a variety of activities, from children’s games to festivals to evening wine-and-cheese events and serves local workers, residents, and the 3 million annual visitors to Parkway institutions.

The Center City District is midway through its most ambitious project to date, the $55 million transformation of Dilworth Plaza on the west apron of City Hall. The new Dilworth Plaza will have a café, programmable fountain, grassy lawn, benches, and elevators to the transit lines below. It will be continually programmed with arts and cultural events and connect the Broad street entrance to the Pennsylvania Convention Center to the Avenue of the Arts, link the office district to market east shopping and hotels, and serve as a gateway to both regional transit and the Benjamin Franklin Parkway.

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org 69

Page 70: State of Center City 2013

Center City diStriCt ParkS

sIsTeR CITIes PARk eveNTs CALeNDAR, 2012

Event Name Date(s) Partner Organization

Bannerly Love June 14 Art Institute of Philadelphia

Geocaching June 22 Parks & Recreation

Nature in the Park Tuesdays at 11 am, June - september Academy of Natural sciences of Drexel University

Young Performers Theater Camp July 27 Parks & Recreation

kiwi Band July 27

Fun, Fitness & Friends Wednesdays at 10 am, July - August Parks & Recreation

shakespeare in the Park August 8 Parks & Recreation

Pairings on the Parkway Thursdays at 5 - 7 pm, August - October milk & Honey Café

kids Concert series september 10, 17, 24 soccer shots

Family Birding Day september 22 Audubon society

Art in the Park saturdays at 11 am - 1 pm, september - October

Parks & Recreation

soccer Clinic mondays at 6 -7 pm, september soccer shots

Lights on After school October 18 Parks & Recreation

Pumpkin sale October 20 - 21

scarecrow Display October - November Parks & Recreation

Winter Festival December 15 Parks & Recreation

Center City district planted 58 trees at the newly renovated Sister Cities Park.

70 Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

John f. Collins Park Concert Series:44 concerts in 2012.

dilworth Plaza will open in the summer of 2014.

Page 71: State of Center City 2013

Center City diStriCt ParkS

City Hall

INDEPENDENCE NATIONALHISTORICAL PARK

WASHINGTONSQUARE

RITTENHOUSESQUARE

LOGANSQUARE

SIS

TE

R

CIT

IES

PA

RK

LOVEPARK

FRANKLINSQUARE

CITY HALL

CONVENTION CENTER

Phila

delp

hia

Mus

eum

of A

rt

CH

RIS

TOP

HE

R C

OLU

MB

US

BLV

D

BENJAMIN FRANKLIN PKWY

DIL

WO

RT

H P

LA

ZA

COLLINS PARK

THREEPARKW

AY

BR

OA

D S

T

15TH

ST

JUN

IPE

R S

T

13TH

ST

12TH

ST

11TH

ST

10TH

ST

9TH

ST

8TH

ST

7TH

ST

6TH

ST

5TH

ST

4TH

ST

3RD

ST

2ND

ST

16TH

ST

17TH

ST

18TH

ST

19TH

ST

20TH

ST

MARKET ST

JFK BLVD

CHERRY ST

ARCH ST

RACE ST

VINE ST

CHESTNUT ST

SANSOM ST

WALNUT ST

LOCUST ST

Park: John F. Collins ParkYear: 2011

Cost: $500,000

Park: Three ParkwayYear: 2008

Cost: $2,300,000

Park: Sister Cities ParkYear: 2012

Cost: $5,200,000

Park: Dilworth PlazaYear: 2014

Cost: $55,000,000

DIL

WO

RT

H P

LA

ZA

THREEPARKW

AY

THREEPARKW

AY

SIS

TE

R

CIT

IES

PA

RK

SIS

TE

R

CIT

IES

PA

RK

OLLINPARK

COLLINS PARK

DIL

WO

RT

H P

LA

ZA

Fountain

Amenities

Café

Visitor Center

Interpretive Signage

CeNTeR CITY DIsTRICT PARk AmeNITIes

Three Parkway Farmers’ Market:

26 Thursday market days.John F. Collins ParkFarmers’ Market:

24 Friday market days.

71Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org

Page 72: State of Center City 2013

Center City District & Central Philadelphia Development Corporation www.CenterCityPhila.org72

aCknoWledgementS

INFORmATION sOURCesAmtrak – www.amtrak.comArts & economic Prosperity, Americans for the Arts – www.artsusa.org Association of University Technology managers – www.autm.netThe Barnes Foundation – www.barnesfoundation.orgCenter City District – www.centercityphila.orgCentral Philadelphia Development Corporation – www.centercityphila.orgCity of Philadelphia Department of Parks & Recreation – www.phila.gov/recreationCity of Philadelphia streets Department – www.phila.gov/streetsCity of Philadelphia Water Department – www.phila.gov/waterCushman & Wakefield – www.cushwake.comDepartment of Records, City of Philadelphia – www.phila.gov/recordsDrexel University – www.drexel.eduenergy star – www.energystar.govFarm to City – www.farmtocity.orgFederal Aviation Administration – www.faa.orgThe Food Trust – www.thefoodtrust.orgGreater Philadelphia Cultural Alliance – www.philaculture.orgIntegra Realty Resources – www.irr.comi-Tree – www.itreetools.orgJohn F. Collins Park – www.johnfcollinspark.org Jones Lang Lasalle – www.joneslanglasalle.commayor’s Office of sustainability – www.phila.gov/greenNational Center for Charitable statistics Database – www.nccs.urban.org National Center for education statistics – www.nces.ed.gov/ipedsNewmark Grubb knight Frank – www.newmarkkf.comNJ Transit – www.njtransit.comOnThemap – www.onthemap.ces.census.govPATCO – www.ridepatco.orgPennsylvania Department of education – www.education.state.pa.usPennsylvania Department of Health – www.health.state.pa.usPennsylvania Healthcare Cost Containment Council – www.phc4.orgPennsylvania Horticultural society – www.phsonline.org Philadelphia Convention & visitors Bureau – www.dicoverphl.comPhiladelphia International Airport – www.phl.orgPhiladelphia Parking Authority – www.philapark.orgPhilly Car share – www.phillycarshare.orgPkF Consulting – www.pkfc.comPlanPhilly – www.planphilly.comsePTA – www.septa.orgsister Cities Park – www.sistercitiespark.org ssH Real estate – www.sshrealestate.comTemple University – www.temple.eduThomas Jefferson University – www.jefferson.eduTrend multiple Listing service – www.trendmls.comUniversity of Pennsylvania Health system – www.pennmedicine.orgU.s. Bureau of economic Analysis – www.bea.govU.s. Bureau of Labor statistics – www.bls.govU.s. Census Bureau – www.census.govU.s. Department of Commerce – www.commerce.govU.s. Green Building Council – www.usgbc.orgvisitPhilly.com – www.visitphilly.comWalk score – www.walkscore.com Zipcar – www.zipcar.com

CPDC/CCD PUBLICATIONs Retailemployment – Creating Opportunity for Philadelphia ResidentsCenter City Housing – The Rebound ContinuesBicycles

A complete list of CCD and CPDC publications is available at www.centercityphila.org.

For more information, call 215.440.5500 or email [email protected].

sTATe OF CeNTeR CITY INFORmATION PARTNeRsAfrican American museum in Philadelphia – Gladys Adams Arden Theatre Company – Leigh GoldenbergAmtrak – John kalaposChildren’s Hospital of Philadelphia – Peter GrollmanCity of Philadelphia Department of Parks & Recreation – Joan Blaustein & erica smithCity of Philadelphia streets Department – Phil BreseeCity of Philadelphia Water Department – Jeremy ChadwickColdwell Banker Preferred – Nigel Richards College of Physicians – J Nathan Bazzel Curtis Institute of music – Trish Furman Cushman & Wakefield – Jared Jacobs Drexel University – John Fry, Brian keech, & David Wilson eastern state Penitentiary – Francis DolanFarm to City – matthew WeissFels Institute of Government, University of Pennsylvania – kevin Gillen, PhD The Food Trust – Allison karpyn, mukethe kawinzi, & Nicky Uy Fringe Arts – Dan Comly Greater Philadelphia Cultural Alliance – Nick Crosson Greater Philadelphia Tourism marketing Corporation – Laura maikisch & ethan Conner Ross Integra Realty Resources – michael silverman & Alicia simpson Jones Lang Lasalle – sean Coghlan kimmel Center for the Performing Arts – mitchell Bloommaneto mapping & Analysis – michelle schmitt mayor’s Office of sustainability – Alex Dews & sarah WuNational Park service – Jane Cowley Newmark Grubb knight Frank – Joseph Gibson & matthew Wright New Jersey Transit – Daniel sandifordOpera Philadelphia – Ryan Lewis PATCO – karen Dougherty & Heather stillPennsylvania Academy of the Fine Arts – silvana Pop Pennsylvania Ballet – marissa montenegro Pennsylvania Horticultural society – Jeffrey BargPhiladelphia Chamber music society – Jacob smith Philadelphia Convention & visitors Bureau – Danielle Cohn, Annie Jirapatnakul, kathleen Titus, & Gail Tuoni Philadelphia Department of Public Health – Giridhar mallya & Donald schwarz Philadelphia International Airport – Deirdre mcDermott-ONeillPhiladelphia Parking Authority – edward Thornton PkF Consulting – Peter Tyson Relief Communications – Cari Bender sePTA – Bharat Gohel & Zoe RobertsonTemple University – William Parshall Thomas Jefferson University – Ronald e. Bowlan & Beverly scurry University of Pennsylvania – margaret Alford, Craig Carnaroli, michele Fletcher, Gary mamrol, & Judy schueler Walnut street Theatre – Amy Rodgers The Wilma Theater – Aaron Immediato

CCD BOARDJohn Connors, Brickstone Realty – ChairmanJoseph s. Zuritsky, Parkway Corporation – Chair emeritus Deanna m. Ballinger, RPA, FmA, Jones Lang LasalleRomona Riscoe Benson, PeCO energy CompanyWilliam m. Boone, Logan square Neighborhood AssociationRonald e. Bowlan, Thomas Jefferson UniversityDavid Campoli, ReIT management and ResearchGregory L. Deshields, Temple UniversityAllan Domb, Allan Domb Real estateHarold T. epps, PRWT services, Inc.Wayne L. Fisher, Newmark Grubb knight FrankLinda Ann Galante, esq., stradley Ronon stevens & Young LLPJohn s. Gattuso, Liberty Property Trustedward Jay Goldberg, macy’sLarry k. Howard, PReIT services LLCernest e. Jones, esq., eJONes CONsULTING LLCRobert D. Lane, Jr., esq., stevens & Lee P.C.David G. marshall, Amerimar Realty Company Randall L. scott, Thomas Properties Group, Inc.Larry steinberg, FAmeCO Real estateGerard H. sweeney, Brandywine Realty TrustChristophe P. Terlizzi, First Niagara BankWilliam T. Walsh, Philadelphia marriott HotelAhmeenah Young, Pennsylvania Convention Center Authority

CPDC BOARDExecutive CommitteeRobert D. Lane, Jr., esq., stevens & Lee P.C. – ChairmanDavid G. marshall, Amerimar Realty Company – Presidentedward m. D’Alba, P.e., Urban engineers, Inc. – vice PresidentJohn P. Derham, Cushman & Wakefield of Pennsylvania, Inc. – vice Presidentmarc D. Brookman, esq., Duane morris LLP – secretaryChristophe P. Terlizzi, First Niagara Bank – TreasurerJulian P. Rackow, esq., Blank Rome LLP – emeritus

Board of DirectorsJoseph F. Coradino, PReITRomulo L. Diaz, Jr., PeCO energy CompanyHarold Dichter, Aramark CorporationDaniel m. DiLella, sr., equus Capital Partners, Ltd.Daniel s. Dimucci, RLA, AsLA, Pennoni Associates, Inc.John J. Donnelly, L.F. Driscoll Companymark A. Duffy, Firstrust BankThomas R. eshelman, esq., Ballard spahr LLPAntonio Fiol-silva, FAIA, Wallace Roberts & Todd LLCDenise L. Goren, michael Baker Jr., Inc.Branton Henderson, Bank of AmericaPeter kelsen, Blank Rome LLPAlan C. kessler, esq., Duane morris LLPBradley A. krouse, esq., klehr, Harrison, Harvey, Branzburg LLPBrent martin, Four seasons Hotelshawn mcCaney, William Penn Foundationmark merlini, Brickstone RealtyJames R. Pearlstein, Pearl Properties LLCDavid Pioch, Wells Fargo Bankkevin m. Purfield, ernst & Young LLPRandall L. scott, Thomas Properties Group Inc.mark L. silow, Fox Rothschild LLPH. Hetherington smith, studleyFrederick D. strober, esq., saul ewing LLPJohn W. Turner, PNC BankRobert W. Walters, CB Richard ellis, Inc.Joseph s. Zuritsky, Parkway Corporation

PHOTOGRAPHY & ReNDeRINGsJames B. AbbottAmtrak mark Henninger, Imagic DigitalR. kennedy for GPTmCB. krist for GPTmCRick mcmullin, Philadelphia International AirportCris molina for kimpton HotelsPeter Tobia

CCD sTAFFWriting & editing: Linda Harris, Director of Communications & PublicationsResearch & Writing: Lauren Gilchrist, manager of Research & Analysis & David kanthor, manager of Transportation & Public spacesGraphic Design: Abigail saggi, Graphic DesignerPublication supervision: michelle shannon, vice President of marketing & CommunicationsPublication support: Richard Way, Intern

eRRATAwww.centercityphila.org/socc