Ayana Jones | The Philadelphia Tribune
The Center City District has released the “State of Center City, 2015” report, which provides a detailed look at the diverse sectors that make Center City Philadelphia the largest employment center in the region.
The report documents how Center City provides jobs, education, medical, cultural and retail services for residents across the city and the region, while supporting the second largest residential downtown in the United States. According to the report, 293,700 jobs are concentrated in Greater Center City and 52 percent of those jobs are held by Philadelphia residents. An average of 25 percent of employed residents from every neighborhood outside of downtown work in Center City.
CCD President and CEO Paul Levy said while downtown growth is strong in the education, healthcare and hospitality sectors, the district is under performing in the areas of business and professional services and that is impacting the ability to raise rents for office space. Center City’s 40.3 million square feet of office space contain 38.8 percent of all salaried jobs downtown. Read more