Central Business District


Definition of "Central business district"

Primary business district of a city or urbanized area having the areas major governmental offices, professional, and retail businesses represented.

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Popular Real Estate Terms

Concentric Zone Theory

Land development planning model theorizing that an urban area grows in rings expanding out from the central business district. The second ring is a sh ...

Quadrangle

A rectangular area bordered on all sides by buildings. Often, a quadrangle is grassy with decorative landscaping. A quadrangle can be found in a cen ...

Inner City

The central core of an urban area. The inner city contains the major commercial center, termed the central business district (CBD). Close to the inner ...

Gentrification

The rehabilitation and redevelopment of low-income housing into higher income housing resulting in the displacement of the low-income residents. Gentr ...

Hundred Percent Location

Same as term one-hundred-percent location: Precisely the optimum location for a retail business establishment in an urban central business district (C ...

One-hundred-percent-location

Precisely the optimum location for a retail business establishment in an urban central business district (CBD). A one-hundred-percent-location normall ...

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