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Who is living in all of Center City’s new apartment buildings?

As new apartment towers have transformed Center City, some longtime residents have expressed confusion about who actually lives in them. A new survey looked into it.

The PMC Property Group's Riverwalk apartment development under construction in 2020, one of the new batch of towers that have added thousands of units to Center City.
The PMC Property Group's Riverwalk apartment development under construction in 2020, one of the new batch of towers that have added thousands of units to Center City.Read moreTim Tai / Staff Photographer

When Adam Sawyer and his wife, Marissa Tan, moved to Philadelphia in 2024 from Baltimore, they were attracted to Center City by its proximity to work and mass transit.

The couple figured if they sold their car, they could even afford to rent in one of the thousands of new, high-rise apartments that have been built across Center City over the last 10 years.

Tan had just gotten a new job with the Cooper University Hospital in Camden, and Adam needed access to 30th Street Station for work. They eventually settled on the PMC Property Group’s Riverwalk North at 23rd and Arch Streets and have been impressed by the city, its transit system, and life without a car.

“One of the things I love about living in a city is that you’ll be walking down the street and there are five different events you didn’t even know about,” Sawyer said. “Festivals, farmers markets, just activity, people doing things. I love that Philadelphia has so much energy.”

In many ways Sawyer and Tan — who are both 35 — are representative of the people who have taken up residence in the new apartment buildings across Center City. Between Pine and Vine Streets, river to river, 3,500 new apartments have opened since 2023.

Center City District (CCD) set out to learn more about who is calling these apartments home, with a survey of more than two dozen buildings constructed since 2015.

Like Sawyer and Tan, the vast majority of respondents to CCD’s survey are under 45 (83%), more than half don’t own a car (55%), and close to half moved from outside the Philadelphia area (44%). Sawyer works remotely like 21% of respondents, and Tan works in healthcare like 32% of them.

In a city where a fifth of all residents live in poverty, the respondents aren’t representative of the average Philadelphian in many ways. The buildings surveyed have an average rent of $2,645, well above the median of $1,387.

But the results show that there is a market for the kind of new buildings that are still being proposed. They also highlight that many people are attracted to the most central parts of Philadelphia because it offers more density, walkability, and other urban characteristics that few other American cities can boast.

“People actively choose Philadelphia over other cities and metropolitan areas because we outperform them in some ways,” said Clint Randall, vice president of Economic Development with CCD, which is funded by downtown property owners and provides advocacy and services like additional security and cleaning downtown.

“The city spent so many decades shrinking,” Randall said. “When you see this entire skyline of high-rise apartment buildings emerge, it contradicts what longtime Philadelphians think they know about this place, which is that it does not grow or attract residents.”

Reversing reverse commuting

Center City District’s survey confirmed a longtime finding of the organization’s other research reports: People who live downtown are likely to work there or very close by.

In Philadelphia, reverse commuting is common, a testament to the fact that many private-sector employers have remained outside the city to avoid wage and business taxes. But among survey respondents, only 12% commuted to the suburbs for work compared to almost 40% citywide.

Over half of respondents work in either Center City or University City, and a similar proportion work in either healthcare or in the jobs more typically associated with office towers “business, professional, or financial services” (27%). Twenty-one percent work from home.

“A lot of people are in medicine, in healthcare. I see a lot of scrubs,” said Kaz Rivera-Gorski, about her building One Cathedral Square at 17th and Race Streets.

“I would imagine there’s a good amount of people that work remotely, too,” said Rivera-Gorski, who is a management consultant who works from home. “I see people on their laptops in the shared spaces during the day.”

Seventy percent of respondents said their jobs are within walking, biking, or transit distance from their homes, while 80% of them said that owning a car was not necessary to enjoy daily life in Philadelphia.

That’s part of what attracted Sawyer and Tan, even though another part of Philadelphia’s allure was that it was closer to family in central and eastern Pennsylvania (the couple have a Zipcar membership).

“While I do drive, I really, really dislike driving,” Sawyer said. “I’ve lost people. Everybody has, to either accidents or crashes or DUIs. So we were open to selling our car and became more and more convinced it was a good idea.”

Retaining out-of-towners

Randall said that he was surprised by the proportion of CCD’s respondents who reported having moved to Philadelphia from outside the region. (A recent Realtor.com report showed that Philadelphia switched from having mostly local interest in rental listings before the pandemic to mostly out-of-towners today.)

The survey also found that the majority of Center City dwellers planned to be living in Philadelphia in three to five years, with 45% planning to continue renting and 16% hoping to buy.

“You hear about the transience of other places like D.C. or Boston, and it seems like people are here [in Philadelphia] and they intend to stay,” Randall said.

That is certainly the goal of Annika Verma, a student at Temple University who lives in the Logan Lofts in Callowhill.

“I am already calculating: Can I get an entry-level job? What salary would be like? Would that work for the rent in this area?” Verma said. “I would love to stay. The area seems ideal for me in terms of commuting or walking. Anything, everything is a 15-20 minute walk or bus ride away.”

Sawyer and Tan are hoping to stay in Philadelphia, too. They are currently searching Center City for a condo to buy. They may try to stay in their current Logan Square neighborhood for its proximity to the Schuylkill River Trail and 30th Street Station.

“We love it,” said Sawyer, who notes that they’ve lived in three cities in Texas, Cooperstown in New York, and Baltimore before this. “But our favorite place we’ve ever lived is here in Philadelphia.”