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2023-2027 Plan and Budget for the Center City District

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660 Chestnut Street Philadelphia, PA 19106 215.440.5500 CENTERCITYPHILA.ORG JUNE 2022

2023–2027

Plan and Budget for the Center City District funding to make $151 million in streetscape, public space and park improvements since 1996.

The mission of the Center City District (CCD) is to provide a clean, safe, well-managed downtown so Philadelphia can successfully compete as an attractive location for business, education and health care institutions, life sciences and for tourism, arts and entertainment, dining and shopping and as the fastest growing residential area in the city. The CCD was established in March 1990, under the Commonwealth of Pennsylvania’s Municipality Authorities Act as a private-sectordirected municipal authority. With the approval from property owners within its boundaries and from the City of Philadelphia, the CCD was authorized in November 1990 to provide security, cleaning and promotional services that supplement, but do not replace, both basic services provided by the City of Philadelphia and the responsibilities of property owners.

Center City is the largest employment center in the region. With the diversification of property types within the District, walkways have been animated day and night with workers, residents, tourists, students and patrons of retail, restaurants, outdoor cafés, hotels and cultural institutions. To support the recovery of this activity, the CCD has expanded the levels and hours of service to all District property owners. This new plan and budget sustains and expands these enhanced services, keeping annual cost increases in line with the rate of inflation for commercial property owners, while reducing charges to all residential owner-occupants by 50% and limiting their share of costs to no more than 5% of total CCD assessments.

The CCD commenced operations in 1991 and, in 1994, 1995, 2000, 2003, 2007, 2012 and 2017, property owners and the City of Philadelphia approved subsequent revised plans and budgets that authorized the CCD’s existence through 2045 and the ability to finance and implement streetscape, public area and park capital improvements. This enabled the CCD to continue all its operating programs and services and to leverage more than $100 million in federal, state, foundation, city and private

This plan and budget for the period 2023-2027 keeps the CCD’s primary focus on the basics, devoting more than threequarters of assessment revenues to programs for a clean, safe, attractive and well-managed public environment. The balance of revenues supports capital improvements, research, planning, management and communications strategies that bolster the attractiveness and competitiveness of Center City.

VINE ST

3 RACE ST CHERRY ST

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I-95 CHRISTOPHER COLUMPUS BLVD

JFK BLVD

1 City Hall

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4 CHESTNUT ST SANSOM ST WALNUT ST

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Center City District Managed Parks

1. Dilworth Park

2. Crét Park

3. Sister Cities Park

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4. John F. Collins Park

Center City District includes 233 blocks and more than 1,500 benefitted properties within its boundaries. Center City District & Central Philadelphia Development Corporation

CENTERCITYPHILA.ORG


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