Beirut's long history, the BCD has benefited from its strategic geographical location.
Prior to the war, Beirut was the major financial, commercial and cultural center of the
Middle East. Its Central District was the main hub of commercial and business activity in
the city and housed a variety of administrative, recreational and cultural activities,
inaddition to vast residential areas.
THE BCD RECONSTRUCTION AND
DEVELOPMENT PROGRAM CAPITALIZES ON THE FOLLOWING:
Beirut's unique role as the main financial, cultural and
recreational center in Lebanon and its ability to provide attractive real estate
development, competitive with other urban centers in the region.
Lebanon's current economic recovery, which is expected to
result in asubstantial increase in demand for office, commercial, and residential space.
The traditional advantages of the BCD: its central location,
proximity to the port and easy accessibility to the rest of the city and the airport.
The opportunities afforded by a comprehensive approach to
urban renewal suchas that adopted in this reconstruction project. This is expected to lead
to a quality and attractive urban environment enjoying a wealth of different uses.
The Central District's historical, architectural and
archeological heritage, the scope and diversity of which are unique in Beirut and in the