World Library  
Flag as Inappropriate
Email this Article
 

Sydney CBD

Sydney CBD
New South Wales
North Shore
Population 14,308(2011)[1]
LGA(s) City of Sydney
State electorate(s) Sydney
Federal Division(s) Sydney

Coordinates: 33°52′2″S 151°12′27″E / 33.86722°S 151.20750°E / -33.86722; 151.20750

The Sydney central business district (CBD and popularly referred to as the City) is the main commercial centre of Sydney, New South Wales, Australia. It extends southwards for about 3 kilometres from Sydney Cove, the point of first European settlement. Its north–south axis runs from Circular Quay in the north to Central railway station in the south. Its east–west axis runs from a chain of parkland that includes Hyde Park, The Domain, Royal Botanic Gardens and Farm Cove on Sydney Harbour in the east; to Darling Harbour and the Western Distributor in the west.

The Sydney central business district is also sometimes used loosely to encompass the surrounding suburbs such as Pyrmont and Woolloomooloo.

Geography

Main article: Geography of Sydney

The Sydney CBD is an area of very densely concentrated skyscrapers and other buildings, interspersed by several parks such as Hyde Park, The Domain, Royal Botanic Gardens and Wynyard Park. George Street is the Sydney CBD's main north-south thoroughfare. The streets run on a slightly warped grid pattern in the southern CBD, but in the older northern CBD the streets form several intersecting grids, reflecting their placement in relation to the prevailing breeze and orientation to Circular Quay in early settlement. The CBD runs along two ridge lines below Macquarie Street and York Streets. Between these ridges is Pitt Street, running close to the course of the original Tank Stream (now tunnelled). Bridge Street, took its name from the bridge running east-west that once crossed this stream. Pitt Street is the retail heart of the city which includes the Pitt Street Mall and the Sydney Tower. Macquarie Street is a historic precinct that houses such buildings as the State Parliament House and the Supreme Court of New South Wales.

Governance

Administratively, the Sydney CBD falls under the authority of the local government area of the City of Sydney.[2] The New South Wales state government also has authority over some aspects of the CBD, in particular through the Sydney Harbour Foreshore Authority. This is a body charged with managing development of certain foreshore areas of Sydney.

Commercial area

The Sydney CBD contains many of Australia’s tallest skyscrapers, including Governor Phillip Tower, MLC Centre and World Tower, the latter consisting predominantly of apartments. The tallest structure is Sydney Tower at 309 metres, however planning restrictions limit future developments to a height of 235 metres due to council restrictions.[3]

The Sydney CBD is home to some of the largest Australian companies, as well as serving as an Asia-Pacific headquarters for many large international companies. The financial services industry in particular occupies much of the available office space, with companies such as the Westpac, Commonwealth Bank of Australia, Citibank, Deutsche Bank, Macquarie Bank, AMP Limited, Insurance Australia Group, Polltraxx Music Group Australia, AON, Marsh, Allianz, HSBC, AXA, ABN Amro, and Bloomsbury Publishing all having offices.[4]

Culture

There is a large concentration of cultural institutions within the CBD including: the Museum of Sydney, the State Library of New South Wales, the Customs House branch of the City of Sydney Library, the Theatre Royal, the City Recital Hall and the Japan Foundation.

Many other cultural institutions are located at the edge of the CBD, such as: the Sydney Opera House and the Museum of Contemporary Art to the north, the Australian Museum and the Art Gallery of New South Wales to the east, the Powerhouse Museum to the west, White Rabbit Gallery and the Haymarket branch of the City of Sydney Library to the south.

Every January, the city celebrates with the Sydney Festival. There are art, music and dance exhibitions at indoor and outdoor venues. Australian and International theatre during the month is also featured, including Aboriginal, and Contemporary. Many of these events are free.

The Sydney Film Festival is an international event organised every year in June at various venues across the CBD.

Sydney boasts a lively cafe culture which is complemented by a club and bar scene distributed throughout the CBD and concentrated in a couple of locations such as Darling Harbour.[3]

See also

Sydney portal

References

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.