PHILADELPHIA—A host of positive economic indicators are pointing to continued population, job and development growth in the University City section of the city.

According to the University City District’s recently released annual report the West Philadelphia neighborhood’s office occupancy rate is an impressive 96%. The cumulative units of new and anticipated multifamily housing in University City have risen from 1,600 in 2012, 1,848 in 2013, and 2,343 in 2014. That number is expected to rise to 3,445 in 2015 and 3,939 in 2016, according to the University City District.

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