The Buenos Aires Central Business District is the main commercial centre of Buenos Aires, Argentina, though not an official city ward. While the barrios of Puerto Madero and Retiro house important business complexes and modern high-rise architecture, the area traditionally known as Microcentro (Spanish: Microcenter) is located within San Nicolás and Monserrat, roughly coinciding with the area around the historic center of the Plaza de Mayo. The Microcentro has a wide concentration of offices, service companies and banks, and a large circulation of pedestrians on working days. Another name given to this unofficial barrio is La City, which refers more precisely to an even smaller sector within the Microcentro, where almost all the banking headquarters of the country are concentrated.
The area was the site of the first European settlement in what later became Buenos Aires. Its south–north axis runs along Leandro Alem Avenue, from Belgrano Avenue in the south to Retir