Financial district in the context of "Commercial Area"

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⭐ Core Definition: Financial district

A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host skyscrapers and other buildings of architectural importance and are called financial centres; such major centres also include important financial utilities such as stock exchanges and the offices of the main financial regulatory authorities.

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Financial district in the context of 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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Financial 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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Financial district in the context of Brickell

Brickell (/ˈbrɪkəl/ BRIK-əl) is a neighborhood in Miami, Florida, historically referred to as Southside, located directly east of Interstate 95, north of Coconut Grove, and directly south of the Central Business District and the Miami River. A significant part of Greater Downtown Miami, Brickell is known as the financial district of Miami, as well as for the South Florida region.

Brickell was founded in the mid-19th century, growing to become Miami's "Millionaire's Row" in the early 20th century after the construction of lavish mansions along Brickell Avenue by Mary Brickell; both the avenue and neighborhood were named for Mary Brickell and her husband, William Brickell. By the 1970s, office towers, hotels and apartments began replacing the historic mansions. Brickell overtook the city's central business district to the north, as one of the largest financial districts in the United States. With a fast-growing residential population, Brickell is Miami's most dense neighborhood, with a 2024 population of about 40,000.

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Financial district in the context of History of London

The history of London, the capital city of England and the United Kingdom, extends over 2000 years. In that time, it has become one of the world's most significant financial and cultural centres. It has withstood plague, devastating fire, civil war, aerial bombardment, terrorist attacks, and riots.

The City of London is the historic core of the Greater London metropolis, and is today its primary financial district, though it represents only a small part of the wider metropolis.

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