55-528: Bristol city centre is the commercial, cultural and business centre of Bristol , England . It is the area north of the New Cut of the River Avon , bounded by Clifton Wood and Clifton to the north-west, Kingsdown and Cotham to the north, and St Pauls , Lawrence Hill and St Phillip's Marsh to the east. The Bristol Royal Infirmary , Bristol Royal Hospital for Children , BBC Broadcasting House ,
110-455: A financial district . Geographically, it often coincides with the " city centre " or " downtown ". However, these concepts are not necessarily synonymous: many cities have a central business district located away from its traditional city center, and there may be multiple CBDs within a single urban area. The CBD will often be highly accessible and have a large variety and concentration of specialised goods and services compared to other parts of
165-738: A newer Rio de Janeiro suburb located in city's west region. The largest CBD in Colombia is Bogotá 's Centro Internacional , where some of the tallest buildings in South America have been repurposed as national headquarters for Scotiabank Colpatria , Davivienda , and Bancolombia , among others. Over the years, Bogotá has developed minor business districts, which include Avenida Chile , Ciudad Salitre , with companies like Avianca , Rappi , Johnson & Johnson , Terpel , Hilton , Hyatt , Marriott , Sheraton , Ramada , City Express , Aloft and Novotel ; or Complejo Santa Bárbara ,
220-700: A newly built business district near the Potsdamer Platz . The city's historic center (home to the Reichstag building , as well as the Brandenburg Gate and most federal ministries) was largely abandoned when the Berlin Wall cut through the area. Only after the reunification with the redevelopment of Potsdamer Platz , and the construction of numerous shopping centers, government ministries, embassies, office buildings and entertainment venues,
275-534: A whole. Singapore's CBD is the historic heart of the city-state, which makes it a mix of a tourist attraction and a business center. The CBD includes several multinational corporate headquarters, Singapore Management University , and historical buildings and museums. As of 2016, the Singaporean government intends to redevelop Jurong East into a second CBD in Singapore. The area has also been earmarked as
330-635: Is Government Hill , the site of the old government headquarters. As the Hong Kong SAR Government Headquarters moved to Tamar, Admiralty, the nearby area is also considered part of the CBD. In Quarry Bay , Taikoo Place and areas nearby, including Admiralty , Wan Chai and Causeway Bay , and Tsim Sha Tsui , Kwun Tong , and Kowloon Bay are regarded as major business districts of Hong Kong. India 's capital New Delhi has been known for its CBD at Connaught Place . For
385-540: Is also one of the most important business districts of Pakistan. Gulberg, Lahore has a large number of important office buildings as well as many high-rises and shopping malls. Pakistan established its first central business district, Lahore Central Business District, also known as Central Business District Punjab (CBD Punjab) by an ACT of Parliament (LCBDDA Act, 2021) in February 2021. Jinnah Avenue in Islamabad
440-549: Is located. The region comprising Avenidas Berrini, Doutor Chucri Zaidan, and Nações Unidas, the city's newest commercial district, has offices of multinational companies and also commercial services. In Rio de Janeiro , Brazil's second-largest city, the main business district still is in downtown, where Petrobrás and Vale headquarters are located, but there is a concentration of business in Botafogo harbor and in Barra da Tijuca ,
495-549: Is now Castle Park , but more recent Saxon finds around Small Street favour the earlier view. This was Bristol's pre-war central shopping district, a knot of ancient narrow streets including Wine Street, Mary le Port Street and Castle Street, which was severely damaged in 1940 during the Bristol Blitz . The area to the north and west of Castle Park, around Broad Street, Corn Street and St Nicholas Market largely survived, and contains many historic buildings. The course of
550-680: Is the first of its kind in Indonesia, and one of the largest commercial center developments in the city. Jakarta started developing its business district in the early 1960s before hosting the Asian Games in 1962 . Surabaya in East Java built its first central business district in the Darmo region. The construction was expected to be completed by 2018 with 150 SOHO units and 500 residences. In Italy , business districts do not coincide with
605-470: Is the main business district of the city. Blue Area is the central business district of Islamabad . D Ground is the central business district of Faisalabad and Saddar is the main central business district of Rawalpindi . In Peru , the central business district is San Isidro , in Lima , which hosts the majority of Peru's financial industry headquarters. Although still a largely residential district,
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#1732787205563660-446: Is widely used officially and colloquially, in the sense of city centre. The two biggest cities, Melbourne and Sydney , have large CBDs. Sydney features growing micro central business districts, which serve as the hub for their respective areas outside the CBD. An example is Parramatta , which is considered the financial hub of Western Sydney . São Paulo is a multipolar city, with several business districts. Avenida Faria Lima and
715-669: The COEX mall, are major thoroughfares in Seoul. The tallest buildings in Gangnam include Tower Palace One , a residential complex, Trade Tower , Gangnam Finance Center, and Parnas Tower. Seoul's third business district is Yeouido , an island located in central Seoul in the Yeongdeungpo District . Yeouido was developed in the 1970s; since the 1990s, however, it has become Seoul's financial center. Smaller in geographic size that
770-586: The International Futures Forum describes the Watershed as "a creative ecosystem, operating in many different and overlapping economies," which is "pushing the creative boundary" by fostering both the invention and consolidation of new work. The centre opened in 1982, in an area of the city which was then mainly derelict. The transit sheds, dating from 1894, had fallen into disrepair but had Grade II listed building status. By 2004, it
825-802: The Watershed Media Centre and the Arnolfini art gallery, as well as the creation of the At-Bristol science centre (later rebranded as We the Curious ). The following suburbs are in the same urban area, but lie in South Gloucestershire or North Somerset : Central business district A central business district ( CBD ) is the commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as
880-761: The 555-metre tall Lotte World Tower , Guro Digital Complex, Gasan Digital Complex, the Magok Business District, the Sangam Digital Media City, the Munjeong Administrative Town, and Mapo Avenue. The area near Yongsan Station , including the proposed Yongsan International Business District , is considered an emerging major commercial district that will exist in synergy with nearby Yeouido . Watershed Media Centre Watershed opened in June 1982 as
935-696: The Centre. Although most ships used Avonmouth Docks after the Royal Edward Dock was opened in 1908, ocean-going ships were regularly seen at the Centre until the 1960s. In 1972 the Royal Portbury Dock was opened, and the City Docks were closed. The harbour buildings, including the tobacco warehouses, became redundant. The harbourside has been regenerated in the 1990s and 2000s, with the refurbishment of warehouses as bars, restaurants,
990-767: The Lesbian and Gay Film Festival, Black Pyramid, Latin America Week, VisionSign (celebrating deaf moving image culture), and Slapstick Film Festival. Wildscreen , a festival of wildlife documentaries and related films, began at the Watershed as did Afrika Eye (an annual festival of African Cinema ), in 2005. Regular activities include evening classes, special film events, a film discussion group - Cinephiles, and educational screenings with introductions and documentation. British Film Institute touring programmes are regularly screened. The Keeping it Reel Series aimed at 12- to 15-year-olds has, since 1997, offered young people
1045-874: The Philippines. In Poland , the terms śródmieście or centrum are often used to describe the central business district. The largest central business district in Russia is the Moscow International Business Center (MIBC) in Moscow , a commercial development located just east of the Third Ring Road at the western edge of the Presnensky District in the Central Administrative Okrug of
1100-644: The River Frome, immediately to the west of the historic centre, was covered over in stages, in the second half of the 19th century. The area became the hub of the Bristol Tramways network, and was known as the Tramways Centre . It was so called long after the last trams left in 1941, but is now known simply as The Centre . Between 1936 and 1938, the Centre was enlarged when more of the River Frome, between Broad Quay and St Augustine's Parade,
1155-642: The United Kingdom's first dedicated media centre. Based in former warehouses on the harbourside at Bristol , it hosts three cinemas , a café / bar , events/conferencing spaces, the Pervasive Media Studio, and office spaces for administrative and creative staff. It occupies the former E and W sheds on Canon's Road at Saint Augustine's Reach, and underwent a major refurbishment in 2005. The building also hosts UWE eMedia Business Enterprises, Most of Watershed's facilities are situated on
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#17327872055631210-418: The best indie cinemas" put the Watershed at the top, citing its wide-ranging, international programme. A 2002 poll for The Guardian rated the Watershed as Britain's fifth-most popular independent cinema. Watershed is more than just an arts cinema. It is at once a cultural centre, a business broker, a social networker, a research and innovation facility, a café/bar, and a cultural tourist attraction. For
1265-575: The central business district. These terms can be literally translated as " inner city " and "city center". Some of the larger cities have more than one central business district. For example, Berlin alone has three. Due to Berlin's history of division during the Cold War , the city contains central business districts both in West ( Kurfürstendamm ) and in East Berlin ( Alexanderplatz ), as well as
1320-462: The chance to discover what happens behind the scenes in the film industry. It was launched in 1997 by Paul McGann and featured lectures & seminars by local actor Christopher Morris , Shawn Sobers of HTV, filmmaker Fergus Colville, Casualty make up artist, Chrissie Powell and EastEnders executive producer Matthew Robinson . The BFI Film Academy Bristol is aimed at 16-19-year olds. In 2000, The Independent on Sunday ' s list of "five of
1375-506: The city centre (and in some cases, outside the city limits itself). This distinction is quite common in European cities such as Paris , Moscow , Vienna , Prague and Budapest . The New World grew quickly after the emergence of modern transport, therefore a single centre often included many of the region's tallest buildings and served as both a commercial and cultural city centre. In the 21st century, increasing urbanisation has led to
1430-587: The city was immediately north of Bristol Bridge , between the River Frome and the River Avon , at the Bristol High Cross where the four cross streets High Street , Wine Street , Broad Street and Corn Street meet. The traditional view that this was also the Saxon centre was challenged in the 1970s by archaeology suggesting that Bristol's origins lay to the east of High Street in the area that
1485-605: The city's CBD. In South Korea , the national capital of Seoul includes three central business districts. The Downtown Seoul , a historic area inside the Fortress Wall of Seoul in the Jongno and Jung districts has historically been the city's political, social and cultural heart, and still houses many corporate headquarters and political institutions in South Korea. It is also the most popular area for tourists and
1540-650: The city's main commercial district. While the district has a high density of high rise buildings, the tallest building, the SK Building, only reaches a height of 160m due to historic preservation regulations. The second main district, located in the southeast part of Seoul, is Gangnam District , an area that was developed in the 1980s and is now among the city's most affluent neighborhoods. The Gangnam District has concentration mainly in economic power of Seoul, as many of prominent company HQs are located on Teheran Avenue . Gangnam Avenue and Yeondong Avenue, which includes
1595-703: The city. Midtown Manhattan is the largest central business district in New York City and in the United States. In Chicago , the Chicago Loop is the second-largest central business district in the United States. It is also referred to as the core of the city's downtown. Mexico City also has its own historic city center , the colonial era "Centro Histórico", along with two CBDs: the mid-late 20th century Paseo de la Reforma in Polanco , and
1650-724: The city. As of 2021, it is still under development. The construction of the MIBC takes place on the Presnenskaya Embankment of the Moskva River , approximately 4 kilometers (2.5 mi) west of Red Square , overlooked by the Third Ring Road. The project occupies an area of 60 hectares. The second-largest central business district is Yekaterinburg-City in Yekaterinburg , the fourth-largest city in
1705-515: The commercial and business activity located in or in the vicinity of the area. It has a permanent population of around 63,000 inhabitants and, during weekday business hours, a floating population that exceeds 700,000 daily commuters from other districts in Lima , the national capital. San Isidro is served by three stations of El Metropolitano , Lima's bus rapid transit system: Estación Javier Prado , Estación Canaval y Moreyra (with over 16,000 daily passengers) and Estación Aramburú . In
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1760-656: The country. It is located on the Iset River , and is under development as of 2021. The area occupies five hectares. Saudi Arabia has several business districts, including: In Singapore , the CBD is in the Downtown Core , one of the constituent planning areas of the Central Area , the country's city center . Its densest point is centered around Raffles Place , where most of Singapore's skyscrapers are located. The CBD sometimes also describes Central Area as
1815-466: The development of megacities that often have multiple CBDs scattered across the urban area. Downtown sections of cities, especially in North America , often are distinct from CBDs and city centres. No two CBDs have the same spatial shape, but there are certain common geometric patterns, which are largely a result of centralised commercial and industrial activities. In Australia , the term CBD
1870-404: The early 21st century, the southeastern district of Surco experienced a significant increase in upscale corporate developments in the area comprised by avenues Manuel Holguín, El Derby, El Polo, and La Encalada due to lower restrictions to grant construction permit and proximity to residential middle and upper class districts and is set to become, after traditional San Isidro and Miraflores ,
1925-703: The extended area of Gomti Nagar , and Aminabad in old Lucknow. Kolkata also has central business districts, including B.B.D. Bagh , Park Circus , Esplanade , Salt Lake Sector V , and New Town . The largest CBD in Indonesia is the Golden Triangle ( Segitiga Emas in Indonesian ) in Jakarta . Sudirman Central Business District , a super block that is located within the Golden Triangle,
1980-599: The financial capital of the country, the famous CBD is The Bandra Kurla Complex in Mumbai . In Mumbai itself there is Nariman Point , which is another CBD including Andheri and Parel . Parry's Corner and Nungambakkam are among the main CBDs of Chennai . Bangalore has five notable business districts: UB City , Brigade Gateway, Koramangala , Indiranagar , and Electronic City . Lucknow has three business districts, including Hazratganj Market , Gomti Nagar Extension at
2035-512: The first twenty years of its existence, the Watershed concentrated on film and photography. In the 21st century it has increasingly taken up online media and multimedia , to the point that it has more visitors online than in person. In the digital domain, Watershed's dShed.net website displays digital art from international artists alongside work by local community groups. It hosts the annual online short-film festival Depict.org, selecting "micro films" (no more than ninety seconds long) from around
2090-581: The fourth in the world. La Défense hosts 19 of the world's biggest 500 companies , whilst the Paris region as a whole hosts 29 of the world's 500 largest companies, establishing itself as the first city in Europe (and the third worldwide) for the number of companies classified in Fortune Fortune Global 500 . In Germany , the terms Innenstadt and Stadtzentrum may be used to describe
2145-574: The geographical centers of the city because the city center is the historical center of the city, and usually not very suitable to function as a modern business district. A precursor to modern business districts is EUR in Rome , which is now home to several national and international companies and public bodies. The EUR, the Napoli business district , the Milan business district , and City Life , are among
2200-574: The last of which features the only W Hotel in the city. Colombia's other notable CBDs include Parque Berrío in Medellín , Bocagrande in Cartagena (the largest touristic CBD in the country), and Paseo de Bolívar in Barranquilla . La Défense , west of Paris , is France 's largest central business district. La Défense was in 2017 ranked as the leading CBD in continental Europe, and
2255-550: The main campus of the University of Bristol , Bristol Crown Court and Magistrate's Courts, Temple Meads railway station , Bristol bus station , the Park Street , Broadmead and Cabot Circus shopping areas together with numerous music venues, theatres and restaurants are located in this area. The area consists of the council wards of Central, Hotwells & Harbourside, and part of Lawrence Hill. The mediaeval heart of
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2310-735: The main shopping district of the city. Like many 1950s buildings in Britain, affordable but architecturally uninteresting utilitarian buildings form the bulk of the Broadmead area. In the 1980s, some of these were demolished to make way for the Galleries shopping centre , which is a three level covered street. In 2008, the shopping area was extended over the central ring road to produce a new shopping centre, Cabot Circus , which opened in September 2008. The City Docks were immediately south of
2365-399: The master planning of Bonifacio Global City. Ortigas Center (fourth), with an area of more than 100 hectares (250 acres), is the Philippines' second most important business district after the Makati CBD and is home to Asian Development Bank. Meanwhile, the Makati Central Business District (third), also known as the Makati CBD, is the leading financial and the largest central business district in
2420-423: The most important commercial areas in Italy. Other important business and financial centers are present in Genoa and Brescia . In Pakistan, a central business district or a large, concentrated urban setting within a settlement is called a shehar . Karachi is Pakistan's largest city and the country's economic hub; the I. I. Chundrigar Road acts as Karachi's main financial district. Shahra-e-Faisal in Karachi
2475-400: The neighboring districts, Itaim Bibi and Vila Olímpia , now concentrate a large part of the financial activities in São Paulo and Brazil . Avenida Paulista and nearby streets is a well-established financial center that has several banking offices and corporate headquarters, as well as hospitals. Its Historic Center was the city's first business center; There, the São Paulo Stock Exchange
2530-414: The new Santa Fe , respectively. Russia 's largest central business district is the Moscow International Business Center in Moscow . The shape and type of a central business district almost always closely reflect the city's history. Cities with strong preservation laws and maximum building height restrictions to retain the character of the historic and cultural core may have a CBD quite a distance from
2585-418: The new financial center of Lima . The Philippines has three major central business districts, which are all located in Metro Manila. Bonifacio Global City (second) is the newest and one of the largest central business districts in the Philippines. The Bases Conversion and Development Authority (BCDA), Ayala Land, Inc. and Evergreen Holdings, Inc. controls Fort Bonifacio Development Corporation, which oversees
2640-403: The other two business districts, Yeouido has some of Seoul's tallest skyscrapers, including Parc1 Tower , International Finance Center Seoul , and the 63 Building . Yeouido is where the National Assembly of South Korea and many media companies and political institutions are based. Smaller but notable central business districts in South Korea include the Jamsil area, which is the location of
2695-433: The second floor of two of the transit sheds. The conference spaces and cinemas are used by many public and private sector organisations and charities. Watershed employs the equivalent of over seventy full-time staff and has an annual turnover of approximately £ 3.8 million. As well as its own commercial income (through Watershed Trading), Watershed Arts Trust is funded by national and regional arts funders. A 2010 report for
2750-450: The site of the rail terminus for the Kuala Lumpur–Singapore High Speed Rail . South Africa 's largest cities, Cape Town , Durban , Johannesburg , Pretoria , and Port Elizabeth , have CBDs that include the corporate headquarters for many of South Africa's largest companies, its convention centers , and many of the country's tallest buildings. Cape Town has one of South Africa's most iconic skyline (which includes Table Mountain ) and
2805-620: The talks at Watershed, project resources and short original digital productions. ElectricDecember.org is an annual online advent calendar which has run since 1999. Watershed subsidiary, iShed, was established in 2007 to produce creative collaborations, support new ideas, explore emerging technologies and develop talent. In 2016, iShed was folded into Pervasive Media Studio and renamed iShed Ventures. iShed's portfolio includes commissioning schemes, events, research and consultancy produced through local, national and international partnerships with industry, artists and universities. Its main activities are
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#17327872055632860-473: The world, giving a cash prize to the winner. In 2006, eShed.net began development as a showcase for digital art made by young people in and around Bristol. Staff at Watershed were also involved with creating and running electricpavilion.org, electricdecember.org and bristolstories.org. Dshed.net provides a platform for artists, communities and producers to explore various forms of new media experimentation an collaboration. DShed.net hosts online videos of some of
2915-580: Was attracting more than half a million visitors per year. A major refurbishment in 2004/5 cost £2 million, creating a third cinema, extending the café/bar and making the building more accessible. Patrons could sponsor seats in the new cinema, and the first to take advantage of this was the film and television actor Pete Postlethwaite . In addition to its world/arts film programme, Watershed has played host to (and helped organise and run) many film festivals, including RESFest 2002, Depict!, Brief Encounters (now Encounters Short Film and Animation Festival ),
2970-430: Was covered in, making way for the Inner Circuit Road . The western side of the Inner Circuit Road has since been largely decommissioned, and recent works have rebalanced The Centre in favour of pedestrians, cyclists and public transport users. The area northeast of the historic area, around Broadmead, was redeveloped after the war despite overwhelming public opinion against it, and the streets and shops in Broadmead became
3025-514: Was the area revived. In Frankfurt am Main 's city center, there is a business district called the " Bankenviertel ". In Düsseldorf , there is a business district which is located around the famous high street Königsallee with banks, shops and offices. Traditionally, the Central Business District "CBD" of Hong Kong is Central , where many multinational financial services corporations have their headquarters. Consulates general and consulates of many countries are also located in this area, as
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