Characteristics of Central Business District
C.B.D. is located at the heart of a city. It is the focus of transport routes. Therefore, the accessibility is the highest.
Due to the high accessibility, it can serves the people of the whole city and is suitable for high order economic activities which need large market threshold.
Under keen land use competition, the land value/rent is the highest here. Only high order retailing business and professional services can afford the high rent. Most residential and industrial land use are out-bided.
The buildings in the C.B.D. are tall and modern. The traffic is busy at daytime. However, after business hours, it is quiet and calm over there.