• Title/Summary/Keyword: Central Business District(CBD)

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Delineating CBD and Subcentres and Detecting Specialized Areas in that Central Places of Seoul (서울의 도심 및 부심 설정과 특화 기능 탐색)

  • Seo, Mincheol
    • Journal of the Korean Geographical Society
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    • v.49 no.2
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    • pp.275-298
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    • 2014
  • This paper aims to delineate Central Business District(CBD) and subcentres of Seoul and compare the functional differences of them by spatial scan statistics. Most existing studies to delimit Seoul CBD have two limits in the methods to make boundaries. First, most Seoul CBD-defining studies presuppose some central area contains CBD and look into just that area in a concentrating manner because it is too difficult to collect the data in a whole city boundary. Therefore the CBD areas have been localized in that study areas. But I analysed the data of the whole area of Seoul and was able to define the CBD and subcentres of Seoul. Second, I analysed the data by a spatial scan statistics technique and was able to minimize the number of subjective items in constructing some conditions for CBD. The CBD area in this study is enlarged eastward over East Gate, a national treasure in Seoul, than the areas in existing studies. In the contrary, westwardly, our CBD is set back a little. The two competing central places in Seoul, CBD and Gangnam have some different specialized subareas. CBD has more governing authorities and wholesale stores and Gangnam has many conglomerates HQs, Offices and cosmetic clinics.

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Diversified Investment of Commercial Real Estate Assets - Focused on Office Building and Retail Real Estate Markets in Seoul - (상업용 부동산 시장의 분산투자에 관한 연구 - 서울지역의 오피스 빌딩 및 소매용 부동산 시장을 중심으로 -)

  • Park, Jongkwon;Jun, Jaebum
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.6
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    • pp.144-155
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    • 2015
  • This paper is to understand investment's efficiency and performance of commercial real estate assets diversified by use and district. To do so, this paper divides two different commercial real estate markets(office build market and retail real estate market) in Seoul city by district into "GBD(Gangnam Business District), YBD(Yeouido Business District), and CBD(Central Business District)" and "GBD(Gangnam Business District), SBD(Shinchon Business District), and CBD(Central Business District)" respectively, configures these districts each other to structure portfolios as its portion varies based on Markowitz's Mean-Variance principle, and looks at risk-return relationship of portfolios to find out efficiency, performance, and optimal investment chosen based upon Sharpe's Performance Index. As a result, the portfolio configured by "10 to 30% of office building asset at CBD" and "70 to 90% of retail real estate asset at CBD" is shown to be the most optimal, suggesting the highest quarterly Sharpe's performance index of 2.7118~2.7776 with quarterly rate of return of 1.826%~1.838% and quarterly standard deviation of 0.573~0.589. Furthermore, it is obvious that diversified portfolio configured by use(office-retail) shows better investment performance than that by district with same type of asset(office-office or retail-retail). Finally, results driven from this research will play an important role to stimulate real estate and construction markets through enlarging ideas as to diversified investment by use and district on real estate indirect investment products.

Boundary, Functions and Internal Structure of CBD in Seoul (서울 도심의 경계, 기능 및 내부구조)

  • Joo, Kyung-Sik;Seo, Min-Cheol
    • Journal of the Korean Geographical Society
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    • v.33 no.1
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    • pp.41-56
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    • 1998
  • The main purpose of this study is to delimit the boundary of central business district and to describe the internal structure of CBD in Seoul. To delimit the CBD boundary, we used the locational matrices of main CBD functions, which were ofganized through fieldworks. CBD functions are classified into 20 categories. They are retail sales, corporation managements, administration managements, business, and unclassified services, customer(personal)services, and manufacturings. The core area of CBD in Seoul is at Chongro and Chung Gu area that shows the locational consistency comparing to 1970s. Although the boundary is slightly expanded into west, south and east, the extent of horizontal expansion in CBD can be negligible comparing to the remarkable growth of Korean economy after 1970s. The reasons why CBD showed little expansion can be found out from the process of restructuring in Seoul metropolitan area, such as the growth of subcenters, decentralization of central functions, construction of highrise buildings, redevelopment in central area and so on. Internal structure of Seoul's CBD shows 5 specialized functional subdistricts. They are CBD core area, subdistrict of department and office functions, retail sales, customer services and light manufacturings.

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The Pattern of Pusan Station Shopping District( I ) (부산역(釜山驛) 상점가(商店街)의 패턴( I ))

  • Kim, Won-Kyung
    • Journal of the Korean association of regional geographers
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    • v.5 no.1
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    • pp.25-75
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    • 1999
  • This study concern with the pattern of Pusan Station Shopping District within Pusan City, Korea, one of the third ranked centers within Pusan-the first ranked is CBD, the second is subCBD, the third are Spa Shopping district, Tongnae shopping district, Jobang-Ap shopping district and Yangjeong shopping district. This paper serves as a part of series studies which attempt to clarify the internal structure of Pusan as a whole. Part(I) of this study deals with the pattern of functions including information & culture, business, recreation and retailing. The results are as follows. 1. Pusan Station is one of higher ranked class of central places within Pusan City. But the ratio of dwelling houses is the highest in Pusan Station among the 9 higher ranked central places within Pusan. It means that the residential areas still remain along the maze type of narrower streets inner part of the blocks, especially western belt of this shopping district. 2. Business functions are one of the important criteria which classified the central places within the city and Pusan Station is the first ranked shopping districts in terms of these criteria among the 9 higher ranked central places including CBD within Pusan City. It suggests that Pusan Station is the miniature of the CBD, SubCBD is not the miniature of CBD in the view point of business function. It also means that Pusan Station Shopping District has been developed as a special shopping district or as a special central place. It has not been evolved as a center of the hierarchy of central places within the city by the natural or organic growth. 3. Pusan Station as 'the third space or drinking place' and it's characteristics as a amusement center presents at so called the 'Texas Town'-free tax area- whose customers are mainly U. S. soldiers and foreign sailors. But from the 1990s, this 'Town' changed to 'Russian Town', You can easy to meet many Russians and Russian lettered signboards-not English- along the street. 4. Convenient stores distribute mainly at back streets or along the narrower streets. It means that this kinds of stores have a residential oriented character. And a certain convenient stores locate with almost same distances. It suggests that it's hinterland is limited in nearer neighborhoods.

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A study on location planning of the on-street loading/unloading bays in the central business district (도심상업지역의 노상 하역공간 최적배치계획에 대한 연구)

  • Lee, Sang-Yong;Jung, Hun-Young
    • Journal of Korean Society of Transportation
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    • v.26 no.2
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    • pp.57-67
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    • 2008
  • Loading zone is necessary to central business district(CBD) due to freight trucks coming into inner city. Currently truck drivers in metropolitan area are forced to illegally park their freight trucks on the roads close to the business facilities because there is no or few loading zones available in the CBD. This situation would bring into traffic congestion and even might block local roads in the CBD. This study reviews the existing improvement plans in city logistics, and examines delivery characteristics related to freight trucks and drivers in Seomyeon, the central downtown of Busan. Also it conducts a location planning for on-street loading/unloading bay using a technical method for arranging loading space. This research estimated the number of parking and stop bays for truck's operation using queueing theory based on truck-service rate and arrival rate, and found locations with the minimum resistance function values for freight movement in arranging on-street loading/unloading bays.

Mobilizing Informal Economic Sector to Uphold Urban Institutional Resilience: A Case Study of Rawalpindi, Pakistan

  • RIAZ, Tayyaba;WAHEED, Abdul;ALVI, Shahzad
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.397-407
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    • 2022
  • The informal economy is a large part of the urban economy. The informal economy accounts for about half of Pakistan's GDP. This research examined nine different areas of Rawalpindi's Central Business District's business sector (CBD). A survey of 404 respondents from 16 CBD marketplaces enables a comprehensive examination of who works in the informal and formal economic sectors, how much they earn, their goals, perception of their job, and their degree of similarity to the rest of the working population. Furthermore, the statistics illustrate the pro-cyclical connections between the informal economic sector and the formal economy. The Multinomial Logistic Regression (MLR) technique is used for the analysis. The MLR results indicated the informal economic sector holds positive relation with earning members in a family, business expertise, average business sale, and negative relation with education level, satisfaction with government tax policies, household expense, and average investment in the business. From a resilience standpoint, governance is considered an intentional collective action to preserve a stable system condition. Hence, the current study recommends tax reforms and government institution reorganization to mobilize the informal sector and make effective institutional governance.

Analysis of Loading/Unloading Activity for Efficient Urban Goods Movement Plan - Focusing on Chiba City -

  • Park Sang-Chul;Yun Jeong-Mi
    • Journal of Navigation and Port Research
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    • v.29 no.4
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    • pp.305-312
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    • 2005
  • Pick-up/delivery of consumer goods to offices, shops, and restaurants in order to support urban lives is one of the most vital activities in a city. With economic growth and technological innovation, a greater variety of goods have come to be supplied, and pick-up/delivery of consumer goods has become more complex. Efficient urban goods movement in Central Business District(CBD} starts with an efficient system for loading/unloading, and pick-up/delivery activities. Loading/unloading activity may be carried out on-street, or on especially designated space inside or outside buildings. Therefore, purpose of this study is to clarity the efficient urban goods movement in CBD(also called the pick-up/delivery activity) from the three different types of loading/unloading facilities. For this purpose, the differences in loading/unloading and truck-trip activity time of each loading/unloading facility was compared by performing the simulation analysis.

Crime Patterns of CBD in Cheongiu City (청주시 도심의 범죄 특성)

  • 고준호
    • Journal of the Korean Geographical Society
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    • v.36 no.3
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    • pp.329-341
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    • 2001
  • The purpose of this study focused on the distribution of crimes in Cheongju City. This study emphasized the characteristics of place and spatial pattern of crime in Central Business District(CBD). The crime core areas were delineated and explained through land-use based on fieldwork and GIS analysis For this aim. the police crime data of Cheongju Dongbu(east). Seobu(west) for 1998 were collected In which 3.909 indictable or similar offenses were reported. In this study, Included climes are murder. rape, robbery. arson, theft, burglary, assault and vandalism. Because theme crimes are related with site-specific crime. As a result. land-use patterns are often related to specific type of offenses. The climes in Cheongju City were concentrated in the CBD Most crimes were assaults and thefts Crime areas can be classified by the age of the offender Around Chungang and Pungmul Market in the CBD. the offender's ages were 30-50 dominantly Assaults and thefts were concentrated in Songan-gil(street). which is a place teen-ages and youngsters meet frequently The result of the buffering analysis with roads, explained 40% of crime within a 30m buffer area( including both sides) of a principal road The rest of the climes mainly occurred in the vicinity of narrow streets and alleys.

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From Industrial Clusters to Innovation Districts: Metropolitan Industrial Innovations and Governance (산업클러스터에서 혁신지구로: 도시의 산업혁신과 거버넌스)

  • Keebom Nahm
    • Journal of the Economic Geographical Society of Korea
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    • v.26 no.3
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    • pp.169-189
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    • 2023
  • The study aims to synthesize the discussion of the innovation district and suggest an alternative to the governance system of the innovation district. Cluster policies that focus on industrial specialization, networking, value chains, and industrial ecosystems have shown some problems and limits in advanced industrial economies. The innovation district, suitable for the era of urban innovation, convergence of industry, housing, leisure, and related variety, emphasizes cooperation through the convergence of various innovations, workshops and industries, and communities. It is important to build a quintuple helix based on cooperative governance through public-private partnerships, integrate the physical and cultural atmosphere, and service industries that strengthen the place prestige. Beyond the industrial aspect, innovation districts can facilitate changes in urban amenities and lifestyles and creative atmosphere, such as diversity, lifestyle, charms, and openness, and promote social vitality and economic interactions. The governance of innovative districts can promote inter-organizational exchanges, and combinations. When knowledge is created through exchanges between companies, it also affects changes in the governance system, evolving from a rigid and centralized system to an open, dynamic, and organic system. Through the innovation policy, the existing Central Business Districts (CBD) can be able to be transformed into a Central Lifestyle Districts (CLD).

The Environmental Auditory and Visual Information Effects on the Traffic Noise Perception by Using Electroencephalogram (뇌파 측정에 의한 친환경 시.청각 정보의 교통소음 인지도 영향 평가)

  • Jang, Gil-Soo;Park, Sa-Keun;Song, Min-Jeong;Shin, Hoon
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.17 no.2 s.119
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    • pp.160-167
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    • 2007
  • In this study, the influences of environmentally friendly visual and auditory information on traffic noise perception were surveyed by the using electroencephalogram. Green rural region image and CBD (central business district) image in urban city were used as visual informations. And traffic noise, signal and environmental music were used to detect the impact on electroencephalogram variance. It was revealed that green rural region image caused ${\alpha}-wave$ ratio increase about 10% and environmental music increased ${\alpha}-wave$ ratio approximately $40{\sim}50%$. The results of this study improved that environmentally friendly visual and auditory information had an effect on decreasing traffic noise loudness to some extents.