New housing report from Center City District

Center City’s residential development boom has changed the demographic profile of Center City Philadelphia, as well as helped to insulate it against the current national economic downturn, according to a new report released by the Center City District/Central Philadelphia Development Corp.

Along with analyzing local market and demographic statistics, the report summarizes several recent surveys the organization has made of Center City residents and property owners. The findings all point to a downtown that is well-positioned to take advantage of the country’s changing economic and cultural trends and the impact of rising fuel costs.

The report can also be downloaded at http://www.centercityphila.org.

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