Report: Center City apartment construction boom aids Philadelphia’s long-term housing goals
A recent report indicates that over 40% of Philadelphia's new housing construction is concentrated in Center City, significantly advancing the city’s long-term residential goals. While the current apartment boom has bolstered supply, business leaders suggest that additional incentives are necessary to sustain this level of development.
More than 40% of recent new housing is in the Center City area, but more incentives are needed to keep the boom going, a business group says.
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