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Central Business District

Discussion in 'Investing Glossary' started by Glossary, 26th Sep, 2006.

  1. Glossary

    Glossary Active Member

    Joined:
    12th Sep, 2006
    Posts:
    25
    Definition:

    The main area of business in a town or city, where business offices tend to congregate.

    The zoning in a CBD typically allows high density commercial and residential development.

    A large city may actually have several "Central Business Districts". Indeed, Sydney currently has 4 CBDs ... Sydney City, Parramatta, North Sydney, Chatswood.

    Also known as:
    • CBD