Unit 3 - Central Business District (CBD) Flashcards

1
Q

What is CBD?

A

Central Business District - is the major commercial area of a city

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2
Q

Where is the CBD located in HK?

A

Since the 19th Century - Central 中環
Now - expanded to Sheung Wan 上環 in the West and Admiralty 金鐘 in the East

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3
Q

The characteristics of CBD are:(5 factors)

A

1) Commercial centre
2) Tall building with high rents
3) Administrative centre
4) Cultural venues
5) Heavy traffic

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4
Q

The characteristics of CBD - 1) Commercial centre

A
  • provides land for commercial use
  • headquarters and offices - transnational (international) corporations and banks
  • Offices that provides professional services such as law firm and clinics
  • shop and malls that sell luxury products
  • five-star hotels for tourism and event organisation
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5
Q

The characteristics of CBD - 2) Tall building with high rents

A
  • competition for land is strong due to its limited supply, so the rents are very high
  • building are thus very tall and dense
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6
Q

The characteristics of CBD - 3) Administrative centre

A
  • Central and Admiralty serve as the administrative centre of HK.
  • The Government Headquarters, the Legislative Council and the Court of Final Appeal can be found here
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7
Q

The characteristics of CBD - 4) Cultural venues

A
  • the CBD provides venues for recreational and cultural activities.
  • e.g. “Central Harbourfront Event Space” is a popular location for music festivals
  • many exhibitions and cultural events are held in revitalised historic building such as “Tai Kwun”.
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8
Q

The characteristics of CBD - 5) Heavy traffic

A
  • there are heavy pedestrian and traffic flows during peak hours
  • traffic congestion is serious / common
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9
Q

Why is Central the CBD of HK? (4 factors)

A

1) long history of development
2) Coastal location
3) Symbol of status
4) High accessibility

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10
Q

Why is Central the CBD of HK? 1) long history of development

A
  • Central has been the centre of development
  • where Government headquarters, major roads and main buildings are located since the mid-19th century
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11
Q

Why is Central the CBD of HK? 2) Coastal location

A
  • Central is located on coastal flat land along Victoria Harbour.
  • this allows to expand by reclamation.
  • Many famous building and major roads are built on reclaimed land. e.g. IFC (International Finance Centre) and Queen’s Road Central
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