The Center City District and Central Philadelphia Development Corporation have released the annual Center City Housing Report, revealing unprecedented growth in Greater Center City's residential sector during 2024.
The report highlights that Greater Center City accounted for 44% of all Philadelphia housing completions last year while comprising less than 6% of the city's total land area. The area between Girard Avenue and Tasker Street, river to river, added 3,811 new housing units in 2024, exceeding 2023's total by nearly 1,000 units and marking the highest level of production in five years.