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112-538: Midtown is one of four central business districts outside the city's downtown core of Toronto , Ontario , Canada. Located in the north of Old Toronto , its borders are roughly defined by St. Clair Avenue to the south and Eglinton Avenue or Lawrence Avenue to the north, Bayview Avenue to the east and Dufferin Street to the west. The central neighbourhood of the area is Yonge–Eglinton . Rosedale , Forest Hill , Deer Park and Summerhill are generally defined as
224-421: A subtropical highland climate ( Köppen climate classification Cwb ), due to its tropical location but high elevation. The lower region of the valley receives less rainfall than the upper regions of the south; the lower boroughs of Iztapalapa , Iztacalco , Venustiano Carranza and the east portion of Gustavo A. Madero are usually drier and warmer than the upper southern boroughs of Tlalpan and Milpa Alta ,
336-691: A major success that ended the war. The American invasion into the Federal District was first resisted during the Battle of Churubusco on 8 August, where the Saint Patrick's Battalion , which was composed primarily of Catholic Irish and German immigrants but also Canadians, English, French, Italians, Poles, Scots, Spaniards, Swiss, and Mexicans, fought for the Mexican cause, repelling the American attacks. After defeating
448-592: A member of the Party of the Democratic Revolution . Discontent over the election eventually led Cuauhtémoc Cárdenas to become the first elected mayor of Mexico City in 1997. Cárdenas promised a more democratic government , and his party claimed some victories against crime, pollution, and other major problems. He resigned in 1999 to run for the presidency. Mexico City is located in the Valley of Mexico, sometimes called
560-464: A mountainous region of pine and oak trees known as the range of Ajusco . The average annual temperature varies from 12 to 16 °C (54 to 61 °F), depending on the altitude of the borough. The temperature is rarely below 3 °C (37 °F) or above 30 °C (86 °F). At the Tacubaya observatory, the lowest temperature ever registered was −4.4 °C (24 °F) on 13 February 1960, and
672-614: A new king, Cuitláhuac , but he soon died; the next king was Cuauhtémoc . Cortés began a siege of Tenochtitlan in May 1521. For three months, the city suffered from the lack of food and water as well as the spread of smallpox brought by the Europeans. Cortés and his allies landed their forces in the south of the island and slowly fought their way through the city. Cuauhtémoc surrendered in August 1521. The Spaniards practically razed Tenochtitlan during
784-674: 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,
896-579: 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 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
1008-406: A surge in commercial and residential development and a massive influx of young urban professional singles and families. 43°42′28″N 79°23′57″W / 43.7077°N 79.3991°W / 43.7077; -79.3991 This Toronto geographical article is a stub . You can help Misplaced Pages by expanding it . Central business district A central business district ( CBD )
1120-537: A third of those in 1992. The levels of signature pollutants in Mexico City are similar to those of Los Angeles . Despite the cleanup, the metropolitan area is still the most ozone -polluted part of the country, with ozone levels 2.5 times beyond WHO -defined safe limits. To clean up pollution, the federal and local governments implemented numerous plans including the constant monitoring and reporting of environmental conditions, such as ozone and nitrogen oxides . When
1232-532: A way not seen in other parts of the Americas. Spaniards encountered a society in which the concept of nobility mirrored that of their own. Spaniards respected the indigenous order of nobility and added to it. In the ensuing centuries, possession of a noble title in Mexico did not mean one exercised great political power, for one's power was limited even if the accumulation of wealth was not. The concept of nobility in Mexico
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#17328559741261344-523: 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
1456-472: A year by American troops in the framework of the Mexican–American War (1847–1848). The Battle for Mexico City was the series of engagements from 8 to 15 September 1847, in the general vicinity of Mexico City during the U.S. Mexican War . Included are major actions at the battles of Molino del Rey and Chapultepec , culminating with the fall of Mexico City. The U.S. Army under Winfield Scott scored
1568-617: 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
1680-901: Is a concentration of business in Botafogo harbor and in Barra da Tijuca , 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 ,
1792-530: 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
1904-486: Is colloquially known as Chilangolandia after the locals' nickname chilangos . Chilango is used pejoratively by people living outside Mexico City to "connote a loud, arrogant, ill-mannered, loutish person". For their part those living in Mexico City designate insultingly those who live elsewhere as living in la provincia ('the provinces', 'the periphery') and many proudly embrace the term chilango. Residents of Mexico City are more recently called defeños (deriving from
2016-575: Is the capital and largest city of Mexico , and the most populous city in North America . It is one of the most important cultural and financial centers in the world. Mexico City is located in the Valley of Mexico within the high Mexican central plateau , at an altitude of 2,240 meters (7,350 ft). The city has 16 boroughs or demarcaciones territoriales , which are in turn divided into neighborhoods or colonias . The 2020 population for
2128-433: Is the commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as 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
2240-579: Is the oldest capital city in the Americas and one of two founded by Indigenous people . The city was originally built on a group of islands in Lake Texcoco by the Mexica around 1325, under the name Tenochtitlan . It was almost completely destroyed in the 1521 siege of Tenochtitlan and subsequently redesigned and rebuilt in accordance with the Spanish urban standards . In 1524, the municipality of Mexico City
2352-660: 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
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#17328559741262464-467: Is the junction of North Toronto (east and west of Yonge, north of Eglinton), the northern edges of Davisville (southeast) and Chaplin Estates (southwest). The immediate area includes several high-rise office buildings, the busy Eglinton Station, and a large mall-office complex. It is home to numerous restaurants, two multiplex cinemas, and a diverse retail strip. Since about 2000, this region has been undergoing
2576-466: 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,
2688-654: The Alameda Central , it is recognized as the oldest public park in the Americas . Parque México and Parque España in the hip Condesa district; Parque Hundido and Parque de los Venados in Colonia del Valle , and Parque Lincoln in Polanco . There are many smaller parks throughout the city. Most are small "squares" occupying two or three square blocks amid residential or commercial districts. Several other larger parks such as
2800-527: The Bosque de Tlalpan [ es ; no ] and Viveros de Coyoacán , and in the east Alameda Oriente [ es ] , offer many recreational activities. Northwest of the city is a large ecological reserve, the Bosque de Aragón [ ceb ; es ; no ] . In the southeast is the Xochimilco Ecological Park and Plant Market , a World Heritage Site . West of Santa Fe district are
2912-647: 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
3024-641: The Ecobici bike-sharing were among efforts to encourage alternate, greener forms of transportation. Chapultepec , the city's most iconic public park, has history back to the Aztec emperors who used the area as a retreat. It is south of Polanco district, and houses the Chapultepec Zoo the main city's zoo, several ponds and seven museums, including the National Museum of Anthropology . Other iconic city parks include
3136-579: The Federal District (Spanish: Distrito Federal or D.F. ) and is now officially known as Ciudad de México (or CDMX ), with a greater degree of autonomy. A clause in the Constitution of Mexico , however, prevents it from becoming a state within the Mexican federation, as long it remains the capital of the country. Mexico City was traditionally known as La Ciudad de los Palacios ("the City of
3248-498: The Saint Patrick's Battalion , the Mexican–American War came to a close after the United States deployed combat units deep into Mexico resulting in the capture of Mexico City and Veracruz by the U.S. Army's 1st, 2nd, 3rd and 4th Divisions . The invasion culminated with the storming of Chapultepec Castle in the city itself. During this battle, on 13 September, the 4th Division, under John A. Quitman , spearheaded
3360-505: The Toltec , and Mexica (Aztecs) cultures. The latter arrived around the 14th century to settle first on the shores of the lake. The city of Mexico-Tenochtitlan was founded by the Mexica people in 1325 or 1327. The old Mexica city that is now referred to as Tenochtitlan was built on an island in the center of the inland lake system of the Valley of Mexico , which is shared with a smaller city-state called Tlatelolco . According to legend,
3472-694: The Twelve Apostles of Mexico who arrived in New Spain in 1524, described the rebuilding of the city as one of the afflictions or plagues of the early period: The seventh plague was the construction of the great City of Mexico, which, during the early years used more people than in the construction of Jerusalem. The crowds of laborers were so numerous that one could hardly move in the streets and causeways, although they are very wide. Many died from being crushed by beams, or falling from high places, or in tearing down old buildings for new ones. Preconquest Tenochtitlan
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3584-478: The city proper was 9,209,944, with a land area of 1,495 square kilometers (577 sq mi). According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the sixth-largest metropolitan area in the world, the second-largest urban agglomeration in the Western Hemisphere (behind São Paulo , Brazil ), and
3696-552: The massacre of an unknown number of protesting students in Tlatelolco . Three years later, a demonstration in the Maestros avenue, organized by former members of the 1968 student movement, was violently repressed by a paramilitary group called " Los Halcones ", composed of gang members and teenagers from many sports clubs who received training in the US. On 19 September 1985, at 7:19am CST ,
3808-647: 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 . Mexico City Mexico City
3920-523: The Basin of Mexico. This valley is located in the Trans-Mexican Volcanic Belt in the high plateaus of south-central Mexico. It has a minimum altitude of 2,200 meters (7,200 feet) above sea level and is surrounded by mountains and volcanoes that reach elevations of over 5,000 meters (16,000 feet). This valley has no natural drainage outlet for the waters that flow from the mountainsides, making
4032-566: 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 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
4144-572: The City of Lakes . If approved by the government the project will contribute to the supply of water from natural sources to the Valley of Mexico , the creation of new natural spaces, a great improvement in air quality, and greater population establishment planning. By the 1990s Mexico City had become infamous as one of the world's most polluted cities; however, the city has since become a model for drastically lowering pollution levels. By 2014 carbon monoxide pollution had dropped drastically, while sulfur dioxide and nitrogen dioxide were at levels about
4256-612: The Gulf of Mexico and the Pacific Ocean. After landing in Veracruz , Spanish explorer Hernán Cortés advanced upon Tenochtitlan with the aid of many of the other native peoples, arriving there on 8 November 1519. Cortés and his men marched along the causeway leading into the city from Iztapalapa (Ixtapalapa), and the city's ruler, Moctezuma II , greeted the Spaniards; they exchanged gifts, but
4368-571: The Mexican wolf. Other guests are the golden eagle, pronghorn, bighorn sheep, caracara, zebras, African elephant, macaw, hippo, among others. Zoo Los Coyotes is a 27.68-acre (11.2 ha) zoo located south of Mexico City in the Coyoacan. It was inaugurated on 2 February 1999. It has more than 301 specimens of 51 species of wild native or endemic fauna from the area, featuring eagles, ajolotes, coyotes, macaws, bobcats, Mexican wolves, raccoons, mountain lions, teporingos, foxes, white-tailed deer. Mexico City has
4480-548: The Mexicas' principal god, Huitzilopochtli , indicated the site where they were to build their home by presenting a golden eagle perched on a prickly pear devouring a rattlesnake . Between 1325 and 1521, Tenochtitlan grew in size and strength, eventually dominating the other city-states around Lake Texcoco and in the Valley of Mexico. When the Spaniards arrived, the Aztec Empire had reached much of Mesoamerica , touching both
4592-561: The Miguel Hidalgo. It was opened in 1924. Visitors can see about 243 specimens of different species including kangaroos, giant panda, gorillas, caracal, hyena, hippos, jaguar, giraffe, lemur, lion, among others. Zoo San Juan de Aragon is near the San Juan de Aragon Park in the Gustavo A. Madero. In this zoo, opened in 1964, there are species that are in danger of extinction such as the jaguar and
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4704-511: The Palaces"), a nickname attributed to Baron Alexander von Humboldt when visiting the city in the 19th century, who, sending a letter back to Germany, said Mexico City could rival any major city in Europe. But it was English politician Charles Latrobe who really penned the following: "... look at their works: the moles, aqueducts, churches, roads—and the luxurious City of Palaces which has risen from
4816-818: 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
4928-525: The Spanish preserved Tenochtitlan's basic layout, they built Catholic churches over the old Aztec temples and claimed the imperial palaces for themselves. Tenochtitlan was renamed "Mexico" because the Spanish found the word easier to pronounce. The city had been the capital of the Aztec Empire and in the colonial era, Mexico City became the capital of New Spain . The viceroy of Mexico or vice-king lived in
5040-475: The area closest to the main square in what was known as the traza , in orderly, well laid-out streets. Indigenous residences were outside that exclusive zone and houses were haphazardly located. Spaniards sought to keep indigenous people separate but since the Zócalo was a center of commerce for Amerindians, they were a constant presence in the central area, so strict segregation was never enforced. At intervals Zócalo
5152-446: The area was struck by the 1985 Mexico City earthquake . The earthquake proved to be a disaster politically for the one-party state government. The Mexican government was paralyzed by its own bureaucracy and corruption, forcing ordinary citizens to create and direct their own rescue efforts and to reconstruct much of the housing that was lost as well. However, the last straw may have been the controversial elections of 1988. That year,
5264-451: The armies of Pancho Villa and Emiliano Zapata , but the city did not experience violence. Huerta had abandoned the capital and the conquering armies marched in. Venustiano Carranza 's Constitutionalist faction ultimately prevailed in the revolutionary civil war and Carranza took up residence in the presidential palace. In the 20th century the phenomenal growth of the city and its environmental and political consequences dominate. In 1900,
5376-554: The army stronghold of the ciudadela or citadel, with significant civilian casualties and the undermining of confidence in the Madero government. Victoriano Huerta , chief general of the Federal Army , saw a chance to take power, forcing Madero and Pino Suarez to sign resignations. The two were murdered later while on their way to Lecumberri prison . Huerta's ouster in July 1914 saw the entry of
5488-433: The attack against Chapultepec and carried the castle. Future Confederate generals George E. Pickett and James Longstreet participated in the attack. Serving in the Mexican defense were the cadets later immortalized as Los Niños Héroes (the "Boy Heroes"). The Mexican forces fell back from Chapultepec and retreated within the city. Attacks on the Belén and San Cosme Gates came afterwards. The treaty of Guadalupe Hidalgo
5600-448: The camaraderie did not last long. Cortés put Moctezuma under house arrest , hoping to rule through him. Tensions increased until, on the night of 30 June 1520 – during a struggle known as " La Noche Triste " – the Aztecs rose up against the Spanish intrusion and managed to capture or drive out the Europeans and their Tlaxcalan allies. Cortés regrouped at Tlaxcala. The Aztecs thought the Spaniards were permanently gone, and they elected
5712-445: The capital. The 16th century saw a proliferation of churches, many of which can still be seen today in the historic center . Economically, Mexico City prospered as a result of trade. Unlike Brazil or Peru , Mexico had easy contact with both the Atlantic and Pacific worlds. Although the Spanish crown tried to completely regulate all commerce in the city, it had only partial success. The concept of nobility flourished in New Spain in
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#17328559741265824-409: 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
5936-413: The city vulnerable to flooding. Drainage was engineered through the use of canals and tunnels starting in the 17th century. Mexico City primarily rests on what was Lake Texcoco . Seismic activity is frequent there. Lake Texcoco was drained starting from the 17th century. Although none of the lake waters remain, the city rests on the lake bed's heavily saturated clay. This soft base is collapsing due to
6048-431: 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
6160-412: 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 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
6272-590: 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
6384-410: 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
6496-425: The clay-built ruins of Tenochtitlan...", on page 84 of the Letter V of The Rambler in Mexico . During the colonial period, the city's motto was "Muy Noble e Insigne, Muy Leal e Imperial" (Very Noble and Distinguished, Very Loyal and Imperial). During Andrés Manuel López Obrador 's administration a political slogan was introduced: la Ciudad de la Esperanza ( lit. ' The City of Hope ' ). This motto
6608-438: The colonial period to work on infrastructure to prevent flooding. Floods were not only an inconvenience but also a health hazard, since during flood periods human waste polluted the city's streets. By draining the area, the mosquito population dropped as did the frequency of the diseases they spread. However, draining the wetlands also changed the habitat for fish and birds and the areas accessible for indigenous cultivation close to
6720-515: 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
6832-439: The construction of large sporting facilities. In 1969, the Mexico City Metro was inaugurated. Explosive growth in the population of the city started in the 1960s, with the population overflowing the boundaries of the Federal District into the neighboring State of Mexico, especially to the north, northwest, and northeast. Between 1960 and 1980 the city's population more than doubled to nearly 9 million. In 1980, half of all
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#17328559741266944-434: 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 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
7056-476: 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
7168-429: The draining of Lake Texcoco and global warming have greatly reduced snowfalls after the snow flurries of 12 February 1907. Since 1908, snow has only fallen three times, snow on 14 February 1920; snow flurries on 14 March 1940; and on 12 January 1967, when 8 centimeters (3 in) of snow fell on the city, the most on record. The 1967 snowstorm coincided with the operation of Deep Drainage System that resulted in
7280-404: 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 ,
7392-452: 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 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
7504-427: The evolution of the area whilst maintaining the heritage integrity of the buildings. With the exception of Merton Street, Davisville's lack of new high-rise condominium developments preserves a look and feel similar to that found in Toronto's other upscale low-rise neighbourhoods such as Lawrence Park , The Beaches and The Kingsway . The centre of midtown and one of Toronto's four major city centres, "Yonge and Eg"
7616-406: 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,
7728-443: The final siege of the conquest. Cortés first settled in Coyoacán , but decided to rebuild the Aztec site to erase all traces of the old order. He did not establish a territory under his own personal rule , but remained loyal to the Spanish crown. The first Spanish viceroy arrived in Mexico City fourteen years later. By that time, the city had again become a city-state , having power that extended far beyond its borders. Although
7840-496: 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
7952-404: 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
8064-562: 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
8176-574: The highest temperature on record was 34.7 °C (94.5 °F) on 25 May 2024. Overall precipitation is heavily concentrated in the summer months, and includes dense hail . Snow falls in the city scarcely, although somewhat more often on nearby mountaintops. Throughout its history, the Central Valley of Mexico was accustomed to having several snowfalls per decade (including a period between 1878 and 1895 in which every single year—except 1880—recorded snowfalls ), mostly lake-effect snow . The effects of
8288-610: The industrial jobs in Mexico were located in Mexico City. Under relentless growth, the Mexico City government could barely keep up with services. Villagers from the countryside who continued to pour into the city to escape poverty only compounded the city's problems. With no housing available, they took over lands surrounding the city, creating huge shanty towns . The inhabitants of Mexico City faced serious air pollution and water pollution problems, as well as groundwater-related subsidence . Air and water pollution has been contained and improved in several areas due to government programs,
8400-628: The insurgency, occurred four days later. After a decade of war, Mexico's independence from Spain was effectively declared in the Declaration of Independence of the Mexican Empire on 27 September 1821. Agustín de Iturbide is proclaimed Emperor of the First Mexican Empire by Congress, crowned in the Cathedral of Mexico . The Mexican Federal District was established by the new government and by
8512-510: The largest Spanish-speaking city (city proper) in the world. Greater Mexico City has a GDP of $ 411 billion in 2011, which makes it one of the most productive urban areas in the world . The city was responsible for generating 15.8% of Mexico's GDP, and the metropolitan area accounted for about 22% of the country's GDP. If it were an independent country in 2013, Mexico City would be the fifth-largest economy in Latin America . Mexico City
8624-459: The last half of the 18th century. Many of these palaces can still be seen today, leading to Mexico City's nickname of "The city of palaces" given by Alexander Von Humboldt . The Grito de Dolores ("Cry of Dolores"), also known as El Grito de la Independencia ("Cry of Independence"), marked the beginning of the Mexican War of Independence . The Battle of Guanajuato, the first major engagement of
8736-558: 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
8848-452: The levels of these two pollutants reached critical levels, contingency actions were implemented which included closing factories, changing school hours, and extending the A day without a car program to two days of the week. The government also instituted industrial technology improvements, a strict biannual vehicle emission inspection and the reformulation of gasoline and diesel fuels . The introduction of Metrobús bus rapid transit and
8960-553: The lower Cenolithic period (9500–7000 BC). However, a 2003 study placed the age of the Peñon woman at 12,700 years old (calendar age), one of the oldest human remains discovered in the Americas. Studies of her mitochondrial DNA suggest she was either of Asian or European or Aboriginal Australian origin. The area was the destination of the migrations of the Teochichimecas during the 8th and 13th centuries, people that would give rise to
9072-477: The main campus of the National Autonomous University of Mexico . Designed by the most prestigious architects of the era, including Mario Pani , Eugenio Peschard , and Enrique del Moral , the buildings feature murals by artists Diego Rivera , David Alfaro Siqueiros , and José Chávez Morado . It has since been recognized as a UNESCO World Heritage Site . The 1968 Olympic Games brought about
9184-527: 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
9296-424: The metropolitan area. The area receives about 820 millimeters (32 in) of annual rainfall, which is concentrated from May through October with little or no precipitation for the remainder of the year. The area has two main seasons. The wet humid summer runs from May to October when winds bring in tropical moisture from the sea, the wettest month being July. The cool sunny winter runs from November to April, when
9408-568: 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
9520-462: The most upscale cluster of neighbourhoods in the City (rivalled only by the central portion of Lawrence Ave.). The intersection of Yonge and St. Clair (located in Deer Park) is the historic commercial centre for these neighbourhoods. It is home to the historic and pastoral Mount Pleasant Cemetery and the hidden St. Michael's Cemetery . Davisville Village encompasses the area east of Yonge Street to
9632-473: 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
9744-504: The old Aztec ceremonial center. The existing central plaza of the Aztecs was effectively and permanently transformed to the ceremonial center and seat of power during the colonial period, and remains to this day in modern Mexico, the central plaza of the nation. The rebuilding of the city after the siege of Tenochtitlan was accomplished by the abundant indigenous labor in the surrounding area. Franciscan friar Toribio de Benavente Motolinia , one of
9856-564: 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
9968-419: The over-extraction of groundwater, called groundwater-related subsidence . Since the beginning of the 20th century the city has sunk as much as nine meters (30 feet) in some areas. On average Mexico City sinks 20 inches (1 foot and 8 inches) or 50 centimetres (1/2 meters ) every year. This sinking is causing problems with runoff and wastewater management, leading to flooding problems, especially during
10080-629: The pine forests of the Desierto de los Leones National Park . Amusement parks include Six Flags México , in Ajusco neighborhood which is the largest in Latin America. There are numerous seasonal fairs present in the city. Mexico City has three zoos. Chapultepec Zoo , the San Juan de Aragon Zoo [ es ; no ] and Los Coyotes Zoo . Chapultepec Zoo is located in the first section of Chapultepec Park in
10192-505: The political disputes of the country. It was the imperial capital on two occasions (1821–1823 and 1864–1867), and of two federalist states and two centralist states that followed innumerable coups d'états in the space of half a century before the triumph of the Liberals after the Reform War . It was also the objective of one of the two French invasions to Mexico ( 1861–1867 ), and occupied for
10304-550: The population of Mexico City was about 500,000. The city began to grow rapidly westward in the early part of the 20th century and then began to grow upwards in the 1950s, with the Torre Latinoamericana becoming the city's first skyscraper. The rapid development of Mexico City as a center for modernist architecture was most fully manifested in the mid-1950s construction of the Ciudad Universitaria, Mexico City ,
10416-621: The postal abbreviation of the Federal District in Spanish: D.F., which is read "De-Efe"). They are formally called capitalinos (in reference to the city being the capital of the country), but "[p]erhaps because capitalino is the more polite, specific, and correct word, it is almost never utilized". The oldest signs of human occupation in the area of Mexico City are those of the " Peñón woman " and others found in San Bartolo Atepehuacan ( Gustavo A. Madero ). They were believed to correspond to
10528-432: The presidency was set between the P.R.I. 's candidate, Carlos Salinas de Gortari, and a coalition of left-wing parties led by Cuauhtémoc Cárdenas , son of the former president Lázaro Cárdenas . The counting system "fell" because coincidentally the power went out and suddenly, when it returned, the winning candidate was Salinas, even though Cárdenas had the upper hand. As a result of the fraudulent election, Cárdenas became
10640-466: The renovation of vehicles and the modernization of public transportation. The autocratic government that ruled Mexico City since the Revolution was tolerated, mostly because of the continued economic expansion since World War II. This was the case even though this government could not handle the population and pollution problems adequately. Nevertheless, discontent and protests began in the 1960s leading to
10752-581: The right to elect both a head of government and the representatives of the unicameral Legislative Assembly by election in 1997. Ever since, left-wing parties (first the Party of the Democratic Revolution and later the National Regeneration Movement ) have controlled both of them. The city has several progressive policies, such as elective abortions , a limited form of euthanasia , no-fault divorce , same-sex marriage , and legal gender change . On 29 January 2016, it ceased to be
10864-441: 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 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
10976-417: The siege of Tenochtitlan, and during colonial times the Spanish regularly drained the lake to prevent floods. Only a small section of the original lake remains, located outside Mexico City, in the municipality of Atenco , State of Mexico . Architects Teodoro González de León and Alberto Kalach along with a group of Mexican urbanists, engineers and biologists have developed the project plan for Recovering
11088-576: The signing of their new constitution, where the concept of a federal district was adapted from the United States Constitution . Before this designation, Mexico City had served as the seat of government for both the State of Mexico and the nation as a whole. Texcoco de Mora and then Toluca became the capital of the State of Mexico. During the 19th century, Mexico City was the center stage of all
11200-530: 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
11312-462: The summer. The entire lake bed is now paved over and most of the city's remaining forested areas lie in the southern boroughs of Milpa Alta , Tlalpan and Xochimilco . Originally much of the valley lay beneath the waters of Lake Texcoco , a system of interconnected salt and freshwater lakes. The Aztecs built dikes to separate the fresh water used to raise crops in chinampas and to prevent recurrent floods. These dikes were destroyed during
11424-417: The total draining of what was left of Lake Texcoco. After the disappearance of Lake Texcoco, snow has never fallen again over Mexico City. The region of the Valley of Mexico receives anti-cyclonic systems. The weak winds of these systems do not allow for the dispersion, outside the basin, of the air pollutants which are produced by the 50,000 industries and 4 million vehicles operating in and around
11536-481: The viceregal palace on the main square or Zócalo . The Mexico City Metropolitan Cathedral , the seat of the Archbishopric of New Spain, was constructed on another side of the Zócalo, as was the archbishop's palace, and across from it the building housing the city council or ayuntamiento of the city. A late seventeenth-century painting of the Zócalo by Cristóbal de Villalpando depicts the main square, which had been
11648-470: The west side of Bayview Avenue, and south from Eglinton to Merton Street, overlooking the park-like setting of Mount Pleasant Cemetery. It is home to many residential high-rise apartments and boutique shops. Its many large Victorian and Tudor-style homes are among the most expensive residences in the city. In 2008, the Mount Pleasant Village BIA was established and has been a significant asset in
11760-423: Was built in the center of the inland lake system, with the city reachable by canoe and by wide causeways to the mainland. The causeways were rebuilt under Spanish rule with indigenous labor. Colonial Spanish cities were constructed on a grid pattern, if no geographical obstacle prevented it. In Mexico City, the Zócalo (main square) was the central place from which the grid was then built outward. The Spanish lived in
11872-424: Was established, known as México Tenochtitlán , and as of 1585, it was officially known as Ciudad de México (Mexico City). Mexico City played a major role in the Spanish colonial empire as a political, administrative, and financial center. Following independence from Spain , the federal district was established in 1824. After years of demanding greater political autonomy , residents were finally given
11984-418: Was not political but rather a very conservative Spanish social one, based on proving the worthiness of the family. Most of these families proved their worth by making fortunes in New Spain outside of the city itself, then spending the revenues in the capital, building churches, supporting charities and building extravagant palatial homes. The craze to build the most opulent residence possible reached its height in
12096-549: Was quickly adopted as a city nickname but has faded since the new motto, Capital en Movimiento ("Capital in Movement"), was adopted by the administration headed by Marcelo Ebrard , though the latter is not treated as often as a nickname in media. Up until 2013, it was common to refer to the city by the initialism "DF" from "Distrito Federal de México". Since 2013, the abbreviation "CDMX" (Ciudad de México) has been more common, particularly in relation to government campaigns. The city
12208-551: Was signed in what is now the far north of the city. The capital escaped the worst of the violence of the ten-year conflict of the Mexican Revolution . The most significant episode of this period for the city was the Decena Trágica ("Ten Tragic Days") of February 1913, when forces counter to the elected government of Francisco I. Madero staged a successful coup. The center of the city was subjected to artillery attacks from
12320-582: 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
12432-507: Was the city's first business center; There, the São Paulo Stock Exchange 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
12544-403: Was where major celebrations took place as well as executions. It was also the site of two major riots in the seventeenth century, one in 1624, the other in 1692. The city grew as the population did, coming up against the lake's waters. As the depth of the lake water fluctuated, Mexico City was subject to periodic flooding. A major labor draft, the desagüe , compelled thousands of indigenous over
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