Concept

Central business district

Summary
A central business district (CBD) is the commercial and business centre 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 commercial and or cultural center and or downtown/city center, and there may be multiple CBDs within a single urban area. The CBD will often be characterized by a high degree of accessibility as well as a large variety and concentration of specialised goods and services compared to other parts of the city. For instance, Midtown Manhattan, New York City, is the largest central business district in the city and in the world. London's city center is usually regarded as encompassing the significantly smaller and historic City of London and the medieval City of Westminster, while the City of London and th
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