CRE panelists at the Center City Proprietors Association seminar, Philadelphia today, from left: Moderator Lauren Gilchrist of JLL; John Chin, Philadelphia Chinatown Development Corporation; Ori Feibush, OCF Realty; Aaron Smith, MMPartners; B. Scott Zuckerman, Domus

PHILADELPHIA, PA—Although 66% of Federal Reserve economists think it’s likely that a “correction or downturn” in the economy will start some time around 2020, Philadelphia commercial real estate developers think there’s still lots of running room for virtually all sectors in the market, but they admit that affordable housing projects will face financial challenges because of the high cost of construction here.