philadelphia - Center City District

September 2008
Retail Location Guide for Center City
P H I L A D E L P H I A
Key Facts
2
Retail Facts
3
Residential Facts
4
Retail Occupancy
6
Pedestrian Counts
8
Retail Sectors
10
Prepared by: Center City District and Central Philadelphia Development Corporation
Center City Philadelphia
KEY FACTS
Demographics
Total Center City employment
Regional population
City population
Center City population
Center City households
Regional households
Median family income in Center City
Median annual wage of
Center City office worker
220,099
Bucks
6.1 million
1.45 million
Montgomery
Mercer
90,000
54,374
2,458,531
$64,058–$87,214
P e n n s y lva n i a
Philadelphia
Burlington
Chester
New Jersey
Delaware
$83,687
Del aware
Camden
Gloucester
New
Castle
Visitors
Visitor spending in Philadelphia
region, 2006
$6 billion
Average hotel occupancy rate, 2007
74%
Visitors to Philadelphia region, 2006
26.4 million
Median household income of
overnight visitors, 2007
Number of museums and cultural institutions
Number of hotel rooms
Salem
43% of Center City’s workforce lives
in Philadelphia neighborhoods
10% of Center City’s workforce
lives in Center City
$80,660
34% of the workforce
lives in four metropolitan
Pennsylvania counties
18% of the workforce
lives in three contiguous
New Jersey counties
(Gloucester, Camden
and Burlington)
317
10,194
Percent visitors coming to
Center City primarily to shop
48%
Percent visitors coming to
Center City primarily to dine
53%
Parking
Metered spaces in Center City
Off-street parking spaces
Students
Number of institutions of higher learning
Access/Mass Transit
16
Transit Services
Enrollment of students in Center City
28,386
Students adjacent to Center City
68,620
27 SEPTA bus lines, 2007
89,208
20,360
7 SEPTA regional rail, 2007
36,017
2 SEPTA subway surface, 2007
112,139
PATCO Speedline, 2007
33,140
Average total riders daily
Amtrak Ridership, 2007
September 2007
Average Weekday
Ridership
5 SEPTA trolley lines, 2007
18 NJ Transit bus lines, 2007
2
6,429
Over 65,000
5,688
296,552
3,674,255
Time to New York City on Acela Express
1:10
Time to Washington, DC on Acela Express
1:38
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Center City Philadelphia
RETAIL
FACTS
With its large and growing residential base, concentration of jobs, expanding convention business and strong tourism, Center
City Philadelphia offers a robust retail environment, with great potential for growth.
A new generation of stylish home furnishings and décor stores, along with well-established art galleries, frame shops and
antiques dealers, serves the burgeoning and sophisticated downtown residential market setting up house or redecorating.
Apparel remains the single biggest occupier of downtown retail space, serving a diverse and fashionable customer base interested in a wide range of styles and price points.
Center City has long been the heart of a great restaurant town, and that trend continues unabated. Over 100 Center City restaurants participate in the twice-yearly Center City Restaurant Week promotion and enjoy the benefits of year-round collaborative
marketing. Outdoor cafes also thrive throughout Center City, growing to 215, a 212% increase since 2001.
Memorable restaurants, small neighborhood BYOBs, gourmet and kitchen-supply stores, coffee shops, bakeries and the historic
Reading Terminal Market all draw an insatiable “foodie” clientele, making Center City the ideal location for all manner of eateries and food-related retailers.
Retail Facts
49
600
234%
17%
Accommodations
15%
Cosmetic Stores
12%
444
421
Claritas
215
181
147
164
270
Home/
Furniture
Apparel &
Accessories
Misc. Retail
1998
* Includes zip codes 19102, 19103, 19106 and 19107
2003
Average Annual Expenditures,
2004–2005
Composition of Retail Market
by Stores, 2008
$47,289
3% Home furnishings
$2,861
$2,279
Entertainment
$1,895
Household furnishings and equipment
$1,709
$132
5% Banks
Bureau of Labor Statistics
$643
Apparel and services
Reading materials
Restaurants
& Bars
Gyms/Fitness
Food
19%
General
Merchandise
29%
Menswear
Personal care products and services
300
200
0
Athletic Shoes
Average annual expenditures
400
100
Percent Increase in Number of
Stores, 2007–2008
Food away from home
500
219
88%
199
CC retail occupancy 2007
524
Retail projects under construction
Increase in restaurants since 1992
438
700
Sales (millions)
2,432
Retail spaces in Center City
591
Retail Sales
6% Food stores
11% Jewelry
& gifts
33% Eating
& drinking
11% Apparel
14% Health &
personal care
22% Other
September 2007
3
Center City Philadelphia
RESIDENTIAL
FACTS
For many years, Center City Philadelphia has ranked as the third-largest residential downtown in the nation, after Manhattan
and Chicago. With its close-in, tree-lined neighborhoods, green parks and sturdy brick rowhouses, Center City has always been
a great place to live.
Now, Center City’s population is swelling even more, as a new generation of stylish young professionals and a growing market
of affluent empty nesters discover the joys of living within easy walking distance of jobs, culture, dining, theater, entertainment
and shopping.
From 1997 to 2008, over 10,000 new housing units were added in Center City bringing thousands more new residents. Homes
in the core of Center City are highly desirable, with an average sale price of $896,801, an increase of 246% since 1997.
Much of Center City’s new housing consists of luxury condominiums — many selling for $1 million and up — in high-design
projects designed by prominent architects like Robert Venturi and Robert A.M. Stern. Other new downtown residents are flocking to spacious townhomes, funky lofts and those venerable rowhouses.
No place else in the region can match Center City’s combination of well-educated and affluent young professional and emptynester households. A full 60% of Center City residents have B.A. degrees or higher, dramatically exceeding the city and national levels of educational attainment in all age brackets.
All told, a growing, sophisticated and affluent customer base lives within easy walking distance of downtown shopping, making
Center City Philadelphia the ideal location for retail success.
Center City Demographics
Recent Residential Project Highlights
Center City residents
90,000
CC population per square mile
15,000
The Ayer
51
Completed
2007
CC core growth 1960–2000
55.0%
The National at Old City
154
Completed
2007
Median age
30–40
The Pearl
100
Completed
2007
Percent of population ages 25–34
25.6%
Western Union Building
95
Completed
2007
2008
Median family income in CC
CC households
60%
$64,058–$87,214
54,374
No. of Units
Parc Rittenhouse
260
Completed
270
Under Construction
2008
The Murano
302
Under Construction
2008
10 Rittenhouse Square
140
Under Construction
2009
31
Under Construction
2010
Average Home Sale Prices, 1986–2007
$1,000
22% 45–64 yrs
25–44 yrs 41%
$896,801
$787,723
$800
Sales Price (thousands)
14% 65–84 yrs
0–4 yrs 4%
5–9 yrs 3%
10–14 yrs 2%
15–19 yrs 3%
20–24 yrs 8%
US Census, 2005 American Community Survey
2% 85+ yrs
$730,612
September 2007
$776,812
$678,101
$600
$400
$200
0
2006 Q4
4
Date
Residences at the Ritz
1706 Rittenhouse
Age Distribution of
Center City Residents, 2005
Status
2007 Q1
2007 Q2
2007 Q3
2007 Q4
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Based on analysis of BRT data by Kevin Gillen, Ph.D., 2008
Aged 25+ with B.A. or higher
Name
Residential Projects in Center City, Recently Completed or Under Construction
Pearl
Murano
The Pearl Condominium
is newly completed
in the heart of
Philadelphia’s vibrant
Chinatown neighborhood.
The 42-story Murano, nearly
complete, will add a distinctive new element to the
city’s skyline from the
Schuylkill River.
Blackney Hayes Architects
Western Union Building
P&A Associates and Thomas Properties Group
This project houses 95 loftstyle condominium units
and retail uses, which combines new construction and
renovation of a 1922 building in the Washington
Square West neighborhood.
1706 Rittenhouse
Square Street
Cecil Baker & Associates
Each of this slender highrise tower’s 31 condominium
units, just south of
Rittenhouse Square,
will occupy a full floor.
The Ayer
Built in 1929 on Washington
Square to house the
nation’s first advertising
agency, The Ayer recently
opened with 56 condominium units.
Cope Linder Architects
The Residences at the
Ritz-Carlton
The Goldenberg Group
10 Rittenhouse Square
Construction is underway at
this 140-unit condominium
facing Rittenhouse Square.
Designed by the noted
Robert A.M. Stern
Architects, the project incorporates a new 33-story
tower and the facades of
several historic buildings.
Robert A.M. Stern Architects
This 48-story condominium
tower rising near City Hall
will offer amenities including room service and housekeeping provided by the
adjoining Ritz-Carlton Hotel.
Handel Architects LLP
September 2007
5
Center City Philadelphia
RETAIL
OCCUPANCY
In July 2008, the Center City District conducted its 17th annual retail occupancy survey. The survey is conducted in the area from
Pine Street to Vine Street between Front and 21st, from 21st Street to the Schuylkill River between Market and Walnut, and North
Broad Street from Vine to Spring Garden. The results from the survey are used to monitor changes and trends in the Center City
retail environment.
Retail Survey Area
Current Retail Market Trends
In August 2008, the occupancy rate for Center City retail
premises was 88%. This rate remains unchanged from
the 2007 occupancy figure. While this number tends to
fluctuate over time, in relation to the national economic
downturn Center City remains a stable and attractive
environment to retailers. There was a small increase in
the total number of retail spaces within the traditional
survey area, from 2,405 in 2007 to 2,432 in 2008. In the
expanded survey area east of 6th Street, there are an
additional 439 premises.
N
Survey boundary
Expanded survey
boundary area,
as of 2006
Retail Survey Findings, August 2008*
Retail Spaces
Estimated SF
Occupied Retail
2,453
3.47 million
Vacant Retail
302
546,500
Under Construction
60
86,000
Total in Survey Area
2,815
4.1 million
* Includes expanded survey boundary area.
Since the first retail survey in 1992, the number of restaurants has increased by 234% from 94 to 217. Menswear
clothiers added 3 establishments for a total of 19, while
4 new gym/fitness facilities were added for a total of 28.
Overall, the Center City retail environment remained stable with minimal change in other retail categories.
Retail Highlights
• Philadelphia’s newest office highrise, Comcast
Center, opened this year and includes ground floor
retail as well as an underground market that
connects to the regional transportation system.
Local establishments such as DiBruno Brothers,
LaScala and Tremini Brothers all have a presence
in the market.
• New or expanding retailers this year include Chima
Steakhouse, LaCoste, Armani Exchange, Steven
Starr’s newest restaurant Parc, Tria Wine Bar, Good
Burger and Pearl.
• Several mixed-use projects have recently come
online including The Western Union Building,
Symphony House, and Parc Rittenhouse all of
which contain significant retail components on the
street level.
6
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Center City Retail Occupancy Counts*
2500
2000
2,138
1500
1,445
1000
293
315
500
0
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Occupancy
* For consistancy with years before 2002, retail spaces under construction are counted as occupied retail spaces.
Retail construction spaces are counted in the total number of spaces when calculating vacancy.
These numbers do not include Old City & Society Hill.
2008
Vacancy
Center City Retail Vacancy Rates
25
20
15
18%
10
12%
5
0
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Methodology
Every block within the survey boundaries is walked and every retail business is recorded or updated, based on the results of the
previous year’s survey. Retail spaces underground, on 2nd floors, and in “multi-retail” buildings (such as The Gallery and Liberty
Place) are also included. These “multi-retailers” were not counted in the survey until 1997. Additionally, the survey boundaries
were expanded to include Pine Street and areas west of 21st Street in 2004. Information collected in the survey includes street
address, business name, type of retail, and for dinner restaurants, kind of cuisine.
In July 2004, for the first time, the survey attempted to gather square footage information for the gross leasable area (GLA) of
each space. These estimates were partially based on parcel information from the Board of Revision of Taxes (BRT), which was
adjusted to account for the number of retail spaces in each building as well as the amount of non-leasable floor space.1
These estimates were then taken into the field and evaluated as to whether or not they were appropriate and were further
refined as needed. Additionally, GLA figures for some spaces were obtained from realtors, “For Rent” signs and other sources.
Collecting the square footage of each retail space greatly increases the level of understanding about the state of retail in Center
City by illustrating how much space is occupied by different types of retail establishments, instead of simply the number of each
type of establishment.
Furthermore, the June 2005 and July 2006 surveys rechecked the previous square footage estimates and either confirmed or
adjusted those estimates to more closely match the actual spaces.
A complete listing of all Center City retailers sorted by retail type or by address is available from the Center City District for $60
each. To purchase copies contact the CCD offices at 215.440.5500 or visit www.CenterCityPhila.org/about/Publications.php.
1 Since the vast majority of retail spaces surveyed are first-floor spaces, the GLA estimates were calculated by multiplying the BRT square footage for the parcel
by 85%, and dividing that by the number of retail spaces in the building.
Map Design: Joel Katz Design Associates
September 2007
7
Center City Philadelphia
PEDESTRIAN COUNTS
The Center City District’s June 2008 pedestrian counts were taken at various locations in Center City between 6th and 21st,
Vine and Spruce streets to gauge the number of pedestrians on the block at a given time. The counts were conducted
between the hours of 11:30 a.m. and 2:30 p.m., and each location was counted for 5 days.
Using hand-held counters, observers noted the number of pedestrians walking on each side of the street and
tallied counts in 15-minute intervals.
Be
Sc
nja
nF
ra
ill
hu
ylk
Sc
hu
mi
nk
Ri
ylk
lin
wy
Convention Center
r
k
ve
Market West/Parkway
ar
Ri
rP
ill
ve
Pk
Old City
I-676
Vine St
Frankli n
Square
Logan
Square
Race St
Cherry St
Arch St
1,185
John F. Kennedy Blvd
Filbert St
1,217
Market St
2,635
Chestnut St
2,585
Sansom St
Independence
National Historical
Park
1,097
Walnut St
Rittenhouse
Square
Locust St
1,297
2,468
Washington
Square
Dock St
1,748
Spruce St
West of Broad
East of Broad
Avenue of the Arts
Society Hill
2nd St
3rd St
4th St
5th St
6th St
7th St
8th St
9th St
10th St
11th St
12th St
13th St
Juniper St
Broad St
15th St
16th St
17th St
18th St
19th St
20th St
22nd St
Lombard St
21st St
Pine St
South St
Lunchtime
Pedestrian Count
(hourly average)
N
2,000+
1,500–2,000 1,000–1,499 500–999
0–499
Detailed Block Counts
Individual block profile sheets with detailed information
for each block may be ordered from the Center City
District. To obtain copies of these documents please
contact CCD at 215.440.5500.
8
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Hourly Average of Pedestrians
After the raw data was collected, an hourly weekday average was produced.
200 South Broad 1,748
1200 Market 2,635
100 N 10th 1,185
Block Counts
1100 Walnut 1,297
100 S 13th 1,097
1600 JFK 1,217
1600 Chestnut 2,585
1700 Walnut 2,468
0
500
1000
Avenue of the Arts
Map Design: Joel Katz Design Associates
1500
Convention Center
2000
2500
3000
East of Broad
Market West/Parkway
3500
West of Broad
September 2007
9
Center City Philadelphia
MARKET WEST/PARKWAY
Market West is Philadelphia’s top corporate district, characterized by signature office towers filled with tens of thousands
of the city’s top earning corporate and professional employees. The nearby Benjamin Franklin Parkway is Philadelphia’s
Museum Mile, anchored by the renowned Philadelphia Museum of Art and home to many of the city’s finest museums,
cultural institutions and recreation areas.
Museum
of Art
Be
nja
mi
nF
ran
k li
nP
ark
wa
y
Vine St
Winter St
Logan
Square
Race St
Four Seasons
Hotel
Cherry St
Sheraton
Hotel
Embassy
Suites
Hotel
Windsor
Arch St
JFK Plaza/
Love Park
1,217
JFK Blvd
City Hall
Market St
Macy’s
The Shops
at Liberty
Place
Hotel
15th St
16th St
17th St
18th St
19th St
20th St
21st St
22nd St
Retail center
Juniper St
Ritz-Carlton
Westin
Broad St
Crowne
Plaza
N
Weekday pedestrian count
10
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Retail Highlights
The Shops at Liberty Place
with The Westin Philadelphia
hotel and over 60 shops
including: Ann Taylor Loft,
April Cornell, Aveda, Body
Shop, Caviar Assouline,
Crabtree & Evelyn, Express,
Godiva Chocolatier, J. Crew
Joseph A. Bank
Trader Joe’s
Restaurant Highlights
Café Cret
Enjoy coffee on the beautiful
Benjamin Franklin Parkway
The Fountain Restaurant
at the Four Seasons
Elegant four-star dining
Chima
Brazilian Steakhouse
Mission Grill
Corner Bakery Café
TGI Friday’s
Tir na Nog
Irish bar/restaurant
Public House
Bar/restaurant
Nearby Points of Interest
Academy of Natural Sciences
Free Library of Philadelphia
Boathouse Row
Moore College of Art & Design
Four Seasons Hotel
The Philadelphia
Museum of Art
Franklin Institute
Science Museum
Rodin Museum
Photography: J.B. Abbott, Tom Crane, Jim McWilliams, The Four Seasons
September 2007
11
Center City Philadelphia
WEST OF BROAD
West of Broad is anchored by the affluent Rittenhouse Square area and the Avenue of the Arts cultural district and is home
to a large number of upscale, new condominium and townhouse developments. Many of Philadelphia’s finest restaurants,
destination retailers and fine fashion boutiques are located here. Women’s Wear Daily groups Center City’s Walnut Street,
the heart of “Rittenhouse Row,” alongside Rodeo Drive and Michigan Avenue as a top U.S. retail street.
City Hall
Market St
The Shops at
Liberty Place
Crowne
Plaza
Westin
Chestnut St
Hotel
Sofitel
Ritz-Carlton
2,585
Sansom St
Inn at the
Union League
The Latham
Hotel
Walnut St
The Rittenhouse
Hotel
Locust St
The Bellevue
2,468
Rittenhouse
Square
Rittenhouse
222
Park Hyatt
Radisson Plaza
Warwick Hotel
Rittenhouse 1715,
A Boutique Hotel
Doubletree
Spruce St
Broad St
15th St
16th St
17th St
18th St
19th St
20th St
21st St
22nd St
Kimmel Center
for the
Performing Arts
N
Retail center
Hotel
Weekday pedestrian count
12
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Retail Highlights
Adresse
Aerosoles
American Apparel
Ann Taylor
Anthropologie
Armani Exchange
Arden B.
Barnes & Noble
BCBG Max Azria
Bebe
Bluemercury
High-end cosmetics and spa
Boyd’s
Very upscale selection of top
men’s and women’s designers
Brooks Brothers
Burberry’s
Calderwood Gallery
French decorative arts
from 1900–1950
Design Within Reach
Upscale modern furniture
Soma Gallery
Salon and spa
DiBruno Bros.
Gourmet foods
Sophy Curson
Gap
Guess
H&M
Joan Shepp
High-fashion women’s
apparel and accessories
South Moon Under
Steve Madden
Talbot’s
Tiffany & Co.
Town Home
Sophisticated housewares
Kenneth Cole
Ubiq
Urban clothing and
accessories
Kiehl’s
Urban Outfitters
LaCoste
Usona
Sophisticated modern
furniture
Jones New York
Lagos
Exclusive jewelry
L’Occitane
Lucky Brand Jeans
Lush
MAC Cosmetics
Coach Store
Mandee’s
Cole Haan
Maxstudio.com
Club Monaco
Puma
Daffy’s
Sephora
Victoria’s Secret
Waterworks
Zara
The Shops at Liberty Place
with The Westin Philadelphia
hotel and over 60 shops
including: Ann Taylor Loft,
April Cornell, Aveda, Body
Shop, Caviar Assouline,
Crabtree & Evelyn, Express,
Godiva Chocolatier, J. Crew
Diesel
Restaurant Highlights
Alma de Cuba
Hip Cuban restaurant and
cocktail lounge
Brasserie Perrier
Modern French cuisine
Le Bec Fin
Five-star dining
Morton’s
Smith & Wollensky
Parc
Art nouveau French bistro on
Rittenhouse Square
Susanna Foo
High-end gourmet Asian
cuisine in a stylish atmosphere
Rouge
Hip bistro and bar overlooking
the famed Rittenhouse Square
The Continental Midtown
Restaurant and
cocktail lounge
Nearby Points of Interest
Avenue of the Arts
The Prince Music Theater
Curtis Institute of Music
The Rittenhouse Hotel
Rittenhouse Square
The Westin Philadelphia
Sofitel
Photography: J.B. Abbott, Top Kat Photography, Alma De Cuba Restaurant
September 2007
13
Center City Philadelphia
AVENUE OF THE ARTS
The Avenue of the Arts is the heart of Philadelphia’s cultural scene, anchored by the dramatic Kimmel Center for the
Performing Arts, and lined with theaters, fine restaurants and destination local and national retailers. Magnificent new
condominium projects, on the Avenue and nearby, have drawn a large and affluent residential population base.
JFK Plaza/
Love Park
Courtyard
Marriott
Filbert St
City Hall
Residence
Inn by
Marriott
Marriott
Market St
Westin
Ritz-Carlton
The Shops at
Liberty Place
Inn at the
Union League
The Latham
Hotel
The Bellevue
Avenue of the Arts
Loews
Macy’s
Holiday Inn
Express
Chestnut St
Sansom St
Walnut St
Rodeway Inn
Park-Hyatt
1,748
Locust St
Doubletree
Hotel
13th St
Juniper St
Spruce St
Broad St
15th St
16th St
Kimmel Center
for the
Performing Arts
Pine St
N
Retail center
Hotel
Weekday pedestrian count
14
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Retail Highlights
Banana Republic
Borders Books & Music
F.Y.E.
Kenneth Cole
MAC Cosmetics
The Bellevue
with the Park Hyatt
Philadelphia hotel and
24 shops and restaurants
featuring: Polo/Ralph Lauren,
Williams-Sonoma,
Nicole Miller, Origins
Restaurant Highlights
Bliss
Upscale eatery
Capital Grille
Estia
Modern Mediterranean cuisine
in a fabulous setting
McCormick & Schmick’s
Morton’s Steakhouse
Olive Garden
Ruth’s Chris Steakhouse
XIX
Ted’s Montana Grill
10 Arts
Eric Ripert
The Bellevue
with the Park Hyatt
Philadelphia hotel and
24 shops and restaurants
featuring: The Palm
Restaurant
Upstares at Varalli/
Sotto Varalli
Upscale Italian cuisine
Nearby Points of Interest
Academy of Music
Merriam Theater
The Park Hyatt Hotel
City Hall
Rittenhouse Row
Retail/restaurant area
University of the Arts
Kimmel Center for the
Performing Arts
Home of the Philadelphia
Orchestra
Wilma Theater
Ritz-Carlton Hotel
The Arts Bank
Photography: J.B. Abbott, Roman Vinoly
September 2007
15
Center City Philadelphia
EA ST OF BROAD
Bordering on the affluent Society Hill neighborhood, East of Broad contains a diverse collection of retailers, including
Jewelers’ Row, America’s oldest and second-largest jewelry district with over 50 dealers, and Midtown Village, the emerging area around 13th and Sansom with funky shops, eclectic restaurants and great loft living. East of Broad is also home
to three major hospitals, a nationally renowned medical university, theaters, nightlife, quaint rowhouse streets, new
apartments and condominiums and a burgeoning restaurant district.
Courtyard
Marriott
City Hall
Market St
The Gallery
at Market East
Marriott
Residence
Inn by
Marriott
Independence
Visitors Center
Marketplace
East
2,635
Ritz-Carlton
Macy’s
Loews
Liberty
Bell
Chestnut St
1,097
Sansom St
Midtown
Village
Inn at the
Union League
Walnut St
Jewelers’
Row
1,297
Holiday Inn
Express
The
Bellevue
Morris
House Hotel
Rodeway Inn
Park Hyatt
Independence
Hall
Washington
Square
1,748
Locust St
Doubletree
6th St
7th St
8th St
9th St
10th St
Alexander Inn
12th St
13th St
Juniper St
Broad St
Kimmel Center for the
Performing Arts
11th St
Spruce St
N
Retail center
Hotel
Weekday pedestrian count
16
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Retail Highlights
Absolute Abstract
Art Gallery
Macy’s
Capogiro Gelato Artisans
Gelati bar
Matthew Izzo
Handcrafted jewelry, apparel
and accessories
Grasshopper
Upscale contemporary designs
Mitchell Gold &
Bob Williams
Jewelers’ Row
Over 50 retailers of rare gems
and fine jewelry. America’s
oldest and second-largest
jewelry district.
Open House
Modern housewares and
accessories
Pileggi on the Square
Upscale salon, spa & boutique
Ten Thousand Villages
West Elm
Paper on Pine
Restaurant Highlights
Azul Cantina
Bindi
Caribou Café
French bistro
Così
El Vez
Fun Mexican restaurant/lounge
in an eclectic setting
Fogo de Chão
Jones
Comfort food with
“Brady Bunch” decor
Lolita
Upscale Mexican
Lucky Strike
Morimoto
Iron Chef Morimoto’s
namesake Japanese restaurant
in a high-design setting
Raw
Sushi & Sake Lounge
Tria
Vintage Wine Bar
Valanni
Sophisticated Medi-Latin
cuisine
Nearby Points of Interest
Avenue of the Arts
Cultural district
Lights of Liberty
Forrest Theater
Pennsylvania Hospital
Founded by Benjamin Franklin
Historic Washington Square
Sound and Light Show
Independence National
Historical Park
Home of the Liberty Bell,
Independence Hall, National
Constitution Center
Walnut Street Theater
The oldest American theater in
continuous use
Photography: J.B. Abbott, Edward Savaria Jr., Washington Square Restaurant
September 2007
17
Center City Philadelphia
CONVENTION CENTER
Anchored by the Pennsylvania Convention Center, which has embarked on a major expansion, Market East shopping and
Chinatown and steps away from Philadelphia’s historic area, this district is an entertainment and retail hub for tourists,
convention-goers and locals. Market Street East contains Center City’s largest concentration of retail, with major department stores and hundreds of diverse retail shops and eateries at The Gallery at Market East and MarketPlace East
shopping centers. Chinatown, filled with dozens of restaurants and shops, is the regional destination for Asian dining
and culture.
Vine St
Franklin
Square
Chinatown
Hampton
Inn
Race St
Travelodge
Clarion Suites
Convention Center
Pennsylvania
Convention
Center
Cherry St
Hilton
Garden Inn
Arch St
JFK Plaza/
Love Park
Reading Terminal
Market
Filbert St
Courtyard
by Marriott
JFK Blvd
City Hall
The Gallery
at Market East
Marriott
Residence
Inn by
Marriott
Market St
National
Constitution
Center
1,185
2,635
Independence
Visitors Center
Hard Rock
Café
Marketplace
East
Loews
Liberty
Bell
Ritz-Carlton
Chestnut St
6th St
7th St
8th St
9th St
10th St
11th St
12th St
13th St
Juniper St
Broad St
15th St
Macy’s
Independence
Hall
N
Retail center
Hotel
Weekday pedestrian count
18
September 2007
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org
Retail Highlights
Macy’s
MarketPlace East
featuring: Ross Superstore,
Dress Barn
Staples
The Gallery at Market East
with 160 shops featuring:
Aldo, Bath & Bodyworks,
Borders Express, Burlington
Coat Factory, Claire’s, Five
Below, Footlocker, F.Y.E.,
Kmart, New York & Co., Nine
West Outlet, Old Navy, The
Children’s Place
Restaurant Highlights
Chili’s
Maggiano’s Little Italy
Chinatown
With over 45 Asian restaurants
and a variety of specialized
shops and services
Melting Pot
Hard Rock Café
JW’s Steakhouse
Reading Terminal Market
One of the country’s oldest
farmer’s markets, with 80 merchants under one roof, including 23 multi-ethnic eateries
and restaurants
Sole Food
Modern seafood in the
renowned PSFS building, an
architectural icon
Nearby Points of Interest
City Hall
Loews Philadelphia Hotel
China Gate
Masonic Temple
Independence National
Historical Park
National Constitution Center
Lights of Liberty
Sound and Light Show
Pennsylvania Academy
of the Fine Arts
The Liberty Bell
Pennsylvania
Convention Center
Home of the world famous
Philadelphia Flower Show
Photography: J.B. Abbott, Jim McWilliams, K. Ciappa for GPTMC
September 2007
19
Center City Philadelphia
HERE’S W HAT TOP RETAILERS HAVE TO SAY
“
“Philadelphia is a great, thriving, fabulous city —
an ‘A’ destination. There is art, culture, great food
and fashion. If you are looking to be in one of the
most exciting fashion scenes in the country, you
want to be Philadelphia now!”
Mary K. Dougherty
owner, Nicole Miller Philadelphia
Sandra M. Alton
“Philadelphia is a much more sophisticated city
than it used to be. It’s alive and there is a growing
market of affluent, sophisticated residents who
want high-end modern furnishings, by European
designers like Andrée Putman, Paola Navone and
Missoni, that you once had to go to New York
to find.”
former vice president, Tiffany & Co.
Igor Rivlin
“Tiffany invested in a multi-million-dollar, 11-month
renovation of its Center City store because we recognize the city’s charm and retail potential. It’s a
great place to grow your business.”
owner, Usona
“The chic, sophisticated urban customer is already
here in Center City. Now with more upscale residences than ever before, it will no doubt increase
demand for my housewares — lines like Salviati,
Umbra and Asa — and it’s already been very lucrative. It’s a little like Field of Dreams. If you have
something for the urbane customer, they will flock
to it.”
“I sell high fashion designers like Yohji Yamamoto,
Ann Demeulemeester and Chloé. I’m still a destination, but now (after moving her business from the
suburbs to Center City), I get great walk-in traffic,
too. Being in town and watching all the positive
changes in the years since we’ve been here has
been great.”
Dana Bank
Joan Shepp
owner, Town Home
president, Joan Shepp
“We’re located in Center City Philadelphia for very
pragmatic reasons. We need access to the
Northeast Corridor and to Europe. We need access
to the sophisticated market that we find here. The
cost of doing business is much less than it would be
in a city like New York, and the kind of beautiful
gallery space we have here would be cost-prohibitive. And the quality of life in Philadelphia is
extremely important to us, since our personal lives
are enmeshed with our business.”
Janet Calderwood
co-owner, Calderwood Gallery
”
660 Chestnut Street • Philadelphia, PA 19107 • P 215.440.5500 F 215.922.7672 • www.centercityphila.org