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The problem with this question... that most people on this board end up struggling with (whether they know it or not) is there aren't many universal standards for measuring what all is included in a CBD and making sure every locale uses the same standards.
Most cities usually generate their own numbers/research through the city, chamber of commerce, or local business booster alliance.
It makes it really hard to directly compared two similarly sized cities on here and you can see some very interesting discussions.
What I will say is... I bet there are at least 50 that claim to be in the top 25
1. New York City
2. Chicago
3. Washington DC
4. Boston, San Francisco...I'm pretty sure they're within 1 or 2 million sq feet of one another
6...I forget where it goes from here. I think it's Houston, Philadelphia, and then maybe Seattle?
Check Grubb-Ellis.com ... that's where I get my info.
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If NYC's is all of Manhattan, it's probably got the largest in the world by far. Manhattan is bigger than many metros in Asia or Europe with 5-6 million people.
How is CBD being quantified? Are you looking at area? Office space? Amount of buildings? Each answer will probably give you a different answer. My suggestion, if you look at the top 25 GDP metros in the nation, that would be a good start as where to look for top 25 CBD. IMHO.
Well in theory... a central business district is a place that provides the most premium transportation/business services and is surrounded by industrial and/or residential growth.
With that in mind... Midtown Manhattan and Downtown Manhattan are technically seperate business districts. There are alot of interesting neighborhoods in between, even though there are some businesses too.
In Atlanta Buckhead's CBD, would be separate from Midtown and separate from Downtown and Perimeter.
I'm not saying it is the only or even the "right" way, but typically if people are interested in the more advanced 'business' functions of a city they measure the sq ft. of Class A office space, but sometimes looking at rent rates for office space is important too.
Well in theory... a central business district is a place that provides the most premium transportation/business services and is surrounded by industrial and/or residential growth.
With that in mind... Midtown Manhattan and Downtown Manhattan are technically seperate business districts. There are alot of interesting neighborhoods in between, even though there are some businesses too.
In Atlanta Buckhead's CBD, would be separate from Midtown and separate from Downtown and Perimeter.
I'm not saying it is the only or even the "right" way, but typically if people are interested in the more advanced 'business' functions of a city they measure the sq ft. of Class A office space, but sometimes looking at rent rates for office space is important too.
Ahh...so true. Probably the best way to measure a CBD. Class A office space is definitely the best measure. Excellent post.
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