Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C—Federal Property Management Regulations System |
Chapter 102—Federal Management Regulation |
SubChapter C—Real Property |
Part 102-83 - Location of Space |
Subpart B - Location of Space |
§ 102-83.70 - What are centralized community business areas and centralized business districts?
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§ 102-83.70 What is Executive Order 12072?
Executive Order 12072, entitled “Federal Space Management,” requires all Executive agencies that have a mission requirement to locate in an urban area to give first consideration to locating Federal facilities in central business areas, and/or adjacent areas of similar character, to use them to make downtowns attractive places to work, conserve existing resources, and encourage redevelopment. It also directs Executive agencies to consider opportunities for locating cultural, educational, recreational, or commercial activities within the proposed facility.
are centralized community business areas and centralized business districts?
A centralized community business area (CBA) or centralized business district, also commonly referred to as a central business district, is an area of concentration of commercial real estate and activity within a principal city, including other specific areas of similar character that may be recommended by local officials. The CBA may be part of a traditional downtown area or part of another area that local government officials have identified as supportive of their long-term economic development objectives. CBAs are designated by local governments and not by Federal agencies, so Federal agencies must consult and engage with local officials to understand the current boundaries of these areas. As described in E.O. 12072, these areas may include other specific areas that are recommended by local officials.