Thanks to national trends and an increasing urban vitality, Center City is experiencing a big population increase. According to a report released last Tuesday by the Center City District and Central Philadelphia Development Corp., the population of "greater Center City" rose 10.2 percent from 2000-2010.
Philadelphia now has the third-largest downtown population among American cities (behind New York and Chicago), the report notes. That trend boosted both the volume and price of residential sales and rentals, and spurred more construction and renovation, the report shows.
Original Source: The Daily News
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