The CBD or Central Business District is the commercial centre of an urban area. It contains the main shops, offices and financial institutions of the urban area. It is usually the most accessible (easy to get to) part of the city. This is because most of the main transport routes lead here. Due to high land values, buildings tend to be tall, and building density is high.
Land values tend to be very high; this is the result of significant competition to locate here. It is cheaper to build up than out. Also, there is a limited amount of open space available. New developments tend to focus on redeveloping existing areas rather than using the limited open space available.
The CBD in Newcastle
During the day the CBD is densely populated. This is due to the high number of pedestrians and shop and office workers. However, the CBD has a limited number of houses and flats due to the high land values in this area.
What Is a Central Business District (CBD)?
Learn and explore the fundamental concepts of urban planning.
In recent years, central business districts have also provided the theater for planning innovations like dynamic parking pricing, congestion pricing, and car-free areas, and, in some cases, a growing residential population. The addition of residential population to the CBDs of many cities has itself been a hugely significant planning innovation of recent years.
Currently the Food and Drug Administration has only approved one CBD product, a prescription drug called Epidiolex to treat two rare forms of epilepsy. In July, the FDA expanded what the drug is approved to treat, saying it can also be used for seizures associated with tuberous sclerosis complex.
FDA to hold its 1st public hearing on CBD
CBD is everywhere lately — in skin care, coffee and even pet treats. But is it really all it’s hyped up to be?
What is CBD?
Most of the products claim to ease pain and anxiety. But whether or not these products actually contain the amount of CBD they advertise is up for debate, since they’re not approved by the FDA.