The State Of Center City Restaurants

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The Center City District recently released their State of Center City 2009 report and there are plenty of interesting restaurant tidbits in there. Here’s what caught our attention.

  • Domestic travelers spent $1.39 billion in food and beverage in 2007.
  • Eating and drinking establishments account for one-third of all downtown retail premises.
  • There are 206 sandwich, take out and fast food establishments.
  • 217 fine dining establishments, a 234% increse since 1992.
  • 2008 was first drop in fine dining in 16 years. 2007 was the high water mark with 221 fine dining establishments.
    • From 2000 to 2008 an average of 17.8 restaurants closed each year and were replaced by 29.5 new ones.
    • 2008 saw less openings, not more closings. A likely symptom of the credit crunch.
  • Downtown is home to 215 outdoor dining options. Up 5% from 2007.
  • Center City outdoor cafes have seating for 3,300.
  • Restaurant Week saw it’s first ever dropoff as September 2008’s sales were $5.5 million and February 2008 saw $5.9 million in sales.
  • Reading Terminal hosted 5.6 million visitors in 2008.

State of Center City 2009 [Center City District]

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