Rent prices in the University City District leveled off, the number of home sales dropped by a third last year and the population got a little older, according to the annual “State of University City” report released yesterday.

The report covers everything from real estate development to population demographics to tree coverage in the area managed by the University City District (UCD). UCD roughly defines “University City” as the area bounded by the Schuylkill River to the east, 50th Street to the west, Market Street/Powelton Avenue/Spring Garden Street to the north and Woodland Avenue/University Avenue to the south.

Here’s what the report, which covers trends through 2017, shows in key areas:  Continue Reading

University City District (UCD) President Matt Bergheiser captured the mood of the moment during the annual The State of University City Report release event last night. There has been a 24 percent increase in food and beverage establishments in University City since 2009, according to the report.

“And to get through the next four years, we might need as many [beverage establishments] as we can get,” Bergheiser said.

Officially released today, the glossy The State of University Report highlights the flurry of ongoing and soon-to-begin commercial and residential building projects, particularly along the Schuylkill River that we have reported on over the past year – like Schuylkill Yards, uCity Square as well as a heap of new academic buildings popping up.  Continue Reading