Central business district in the context of "Inner city"

⭐ In the context of inner-city studies, a central business district is considered…

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⭐ Core Definition: Central business district

A central business district (CBD) is the commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city centre" or "downtown". However, these concepts are not necessarily synonymous: many cities have a central business district located away from its traditional city center, and there may be multiple CBDs within a single urban area. The CBD will often be highly accessible and have a large variety and concentration of specialised goods and services compared to other parts of the city.

In Chicago, the Chicago Loop is the second-largest central business district in the United States. It is also referred to as the core of the city's downtown.

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In this Dossier

Central business district in the context of Urban area

An urban area is a human settlement with a high population density and an infrastructure of built environment. Urban areas originate through urbanization, and researchers categorize them as cities, towns, conurbations or suburbs. In urbanism, the term "urban area" contrasts to rural areas such as villages and hamlets; in urban sociology or urban anthropology, it often contrasts with natural environment.

The development of earlier predecessors of modern urban areas during the urban revolution of the 4th millennium BCEled to the formation of human civilization and ultimately to modern urban planning, which along with other human activities such as exploitation of natural resources has led to a human impact on the environment.

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Central business district in the context of Kirchberg, Luxembourg

Kirchberg (German pronunciation: [ˈkɪʁçbɛʁk] ; Luxembourgish: Kierchbierg, pronounced [kiːɐ̯ɕˈbiːɐ̯ɕ] ; lit.'church hill') is a district in north-eastern Luxembourg City, in southern Luxembourg. It consists of a plateau overlooking the north-east of the historical city center, Ville Haute, connected to the rest of the elevated city by the Grand Duchess Charlotte Bridge, which spans the Pfaffenthal valley. It is often referred to, in reference to the geographical feature it inhabits, as the Kirchberg plateau by Luxembourgish residents. Kirchberg is the predominant location of the European Union institutions and bodies based within Luxembourg, and is sometimes used as a metonym for the EU's judiciary, which occupies the district. It is thus the central business district of Luxembourg.

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Central business district in the context of Commercial area

Commercial area, commercial district or commercial zone in a city is an area, district, or neighborhoods primarily composed of commercial buildings, such as a strip mall, office parks, downtown, central business district, financial district, "Main Street", or shopping centers. Commercial activity within cities includes the buying and selling of goods and services in retail businesses, wholesale buying and selling, financial establishments, and a wide variety of uses that are broadly classified as "business." While commercial activities typically take up a relatively small amount of land, they are extremely important to a community's economy. They provide employment, facilitate the circulation of money, and often serve many other roles important to the community, such as public gathering and cultural events.

A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.Practically every incomer must grant permission to build a new office complex or other profit-making business, the city government must determine that the chosen area is indeed commercial area. If the zones which separate commercial, industrial, and residential area are clearly zoned for commercial use, the city will allow the sale to proceed for the stated use. If any part of the property extends into a residential or industrial zone, however, then the buyer must seek a 'variance', special permission to cross over a zone boundary.

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Central business district in the context of Downtown

Downtown is a term primarily used in American and Canadian English to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district (CBD). It may also be a center for shopping and entertainment. Downtowns typically contain a small percentage of a city's employment but are concentrated in services, including high-end services (office or white-collar jobs). Sometimes, smaller downtowns include lower population densities and nearby lower incomes than suburbs. It is often distinguished as a hub of public transit and culture.

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Central business district in the context of Midtown Manhattan

Midtown Manhattan is the central portion of the New York City borough of Manhattan, serving as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Building, the Chrysler Building, the Hudson Yards Redevelopment Project, the headquarters of the United Nations, Grand Central Terminal, and Rockefeller Center, as well as several prominent tourist destinations, including Broadway, Times Square, and Koreatown. Penn Station in Midtown Manhattan is the busiest transportation hub in the Western Hemisphere.

Midtown Manhattan is the largest central business district in the world and ranks among the world's most expensive locations for real estate; Fifth Avenue in Midtown Manhattan has commanded the world's highest retail rents and had been ranked as the most expensive shopping street in the world before falling to second in 2024. Midtown Manhattan is the country's largest commercial, entertainment, and media center, and is also a growing financial and fintech center.

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Central business district in the context of Chicago Loop

The Loop is Chicago's central business district and one of the city's 77 municipally recognized community areas. Located at the center of downtown Chicago on the shores of Lake Michigan, it is the second-largest business district in North America, after Midtown Manhattan in New York City. It contains the world headquarters and regional offices of several global and national businesses, retail establishments, restaurants, hotels, museums, theaters, and libraries—as well as many of Chicago's most famous attractions. The district also hosts Chicago's City Hall, the seat of Cook County, offices of the state of Illinois, United States federal offices, and several foreign consulates. The intersection of State Street and Madison Street in the Loop is the origin point for the address system on Chicago's street grid, a grid system that has been adopted by numerous cities worldwide.

The Loop's definition and perceived boundaries have evolved over time. Since the 1920s, the area bounded by the Chicago River to the west and north, Lake Michigan to the east, and Roosevelt Road to the south has been called the Loop. It took its name from a somewhat smaller area, the 35 city blocks bounded on the north by Lake Street, on the west by Wells Street, on the south by Van Buren Street, and on the east by Wabash Avenue—the Union Loop formed by the 'L' in the late 1800s. Similarly, the "South Loop" and the "West Loop" historically referred to areas within the Loop proper, but in the 21st century began to refer to the entire Near South and much of the Near West Sides of the city, respectively.

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