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    Characteristics of The CBD

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    kiran9127
    The document discusses characteristics of a central business district (CBD) and its peak land value intersection (PLVI). The PLVI is the area within the CBD where land values are highest, and may contain the tallest buildings or most elite malls. Land prices decrease rapidly moving away from the PLVI due to distance decay. The CBD core has the highest land values, tallest buildings, limited parking and development, while the frame has warehouses, parking, and high-density housing supporting the core. Sometimes the CBD center shifts, causing surrounding residential streets to take on businesses, and refurbished commercial buildings to become residences again.

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    Characteristics of The CBD

    Uploaded by

    kiran9127
    38 views2 pages
    The document discusses characteristics of a central business district (CBD) and its peak land value intersection (PLVI). The PLVI is the area within the CBD where land values are highest, and may contain the tallest buildings or most elite malls. Land prices decrease rapidly moving away from the PLVI due to distance decay. The CBD core has the highest land values, tallest buildings, limited parking and development, while the frame has warehouses, parking, and high-density housing supporting the core. Sometimes the CBD center shifts, causing surrounding residential streets to take on businesses, and refurbished commercial buildings to become residences again.

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    Characteristics of the Cbd

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    The document discusses characteristics of a central business district (CBD) and its peak land value intersection (PLVI). The PLVI is the area within the CBD where land values are highest, and may contain the tallest buildings or most elite malls. Land prices decrease rapidly moving away from the PLVI due to distance decay. The CBD core has the highest land values, tallest buildings, limited parking and development, while the frame has warehouses, parking, and high-density housing supporting the core. Sometimes the CBD center shifts, causing surrounding residential streets to take on businesses, and refurbished commercial buildings to become residences again.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    38 views2 pages

    Characteristics of The CBD

    Uploaded by

    kiran9127
    The document discusses characteristics of a central business district (CBD) and its peak land value intersection (PLVI). The PLVI is the area within the CBD where land values are highest, and may contain the tallest buildings or most elite malls. Land prices decrease rapidly moving away from the PLVI due to distance decay. The CBD core has the highest land values, tallest buildings, limited parking and development, while the frame has warehouses, parking, and high-density housing supporting the core. Sometimes the CBD center shifts, causing surrounding residential streets to take on businesses, and refurbished commercial buildings to become residences again.

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    CHARACTERISTICS OF THE CBD

    CBD: The Central Business District. The city center where most
    business and commerce is located.
    Peak Land Value Intersection (PLVI)
    - The PLVI is the part of the city where the highest land values
    occur.
    - The PLVI always occurs in the CBD and may be occupied by
    the tallest buildings or the most elite shopping malls.
    - The principle of distance decay ensures that land prices
    decrease rapidly away from the PLVI.
    - This is explained by The Core (The part of the CBD where
    land value is the highest) and Frame (area immediately
    outside of the core) model
    Characteristics of the Core and Frame Model
    - The Core:
    o Most expensive land area
    o Tallest buildings
    o Shortage of car parking space
    o High density of day time pedestrians
    o Dominated by business office space, and retail
    o Limited Horizontal development
    - The Frame
    o Warehouse, car parks and other services supporting the
    core dominate.
    o Transport terminals, vehicular traffic
    o High density residential properties including
    apartments, multistory levels common.

    Commercial Invasion
    - Sometimes a CBD may shift its center
    - Streets that were once composed of residences may begin to
    house small businesses dependent on a nearby CBD location
    - High class, character homes of several stories are commonly
    re-zoned as commercial properties
    - Each floor of these buildings may contain a different
    business.
    - Common businesses to move in are lawyers, doctors, dentists
    and real estate agents.
    Commercial Discard
    - Likewise, a shift in the CBD may lead to sections of streets
    losing their commercial status.
    - Buildings are refurbished to become family residences
    - In some cases the buildings are demolished and the land is
    used to build apartments or flats
    - In some inner city zones, removal of a popular transport line
    such as a tram route may facilitate the same process.

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