Why This Matters:
Philadelphia is at a crossroads for retail and entertainment real estate. As Walnut Street recovers, Market East transforms and entertainment districts evolve, developers and property owners face critical decisions. With the rise of experiential retail, e-commerce disruption and major venue-driven developments like the 76ers arena, Philly’s urban core is redefining how people shop, dine and experience entertainment.
Gain exclusive insights from the developers, investors and landlords shaping Philadelphia’s future. Whether you’re looking to reposition retail assets, invest in entertainment-driven real estate or understand the shifting dynamics of urban development, these discussions will provide actionable strategies to navigate the city’s changing landscape.
What You Will Learn:
- Philadelphia’s Retail Recovery: Foot traffic in Center City increased by 18% in 2024, signaling a continued steady recovery, but retail vacancy rates barely dropped from the previous year, particularly in prime corridors like Walnut Street. This raises questions about how landlords can adapt to evolving consumer behaviors. Learn what’s working (and what’s not) in Walnut Street’s revival and Market East’s transformation.
- The Impact of Mixed-Use Developments: With projects like Fashion District Philadelphia struggling to meet initial projections, how are developers integrating residential, office and entertainment to create sustainable retail ecosystems?
- Retail Trends Shaping Philly’s Urban Core: The rise of pop-ups, experiential retail and direct-to-consumer brands is changing how storefronts are used. Discover how developers are rethinking space to attract tenants and keep storefronts active.
- E-Commerce’s Influence on Brick-and-Mortar: Over 30% of retail sales now happen online, forcing physical retailers to downsize, reposition or reinvent themselves. Learn how Philly’s landlords are adapting spaces to accommodate showroom models, fulfillment hubs and hybrid shopping experiences.
- Entertainment as a Real Estate Catalyst: The success of Xfinity Live! and The Fillmore proves that entertainment districts boost property values and drive foot traffic. How can developers replicate this success in areas like South Street, Fishtown and Market East?
- New Neighborhoods Poised for Entertainment Growth: With Fishtown, Northern Liberties and Callowhill booming, what’s the next district poised for transformation? Experts will discuss where developers should invest next.
- Zoning and Policy Challenges for Entertainment Districts: From liquor licensing restrictions to noise ordinances, policy plays a major role in shaping entertainment real estate. Learn what developers need to navigate in Philly’s regulatory landscape.
