Map of Tashkent Sub-districts

The city center is a location where public buildings and facilities of city/regional significance are concentrated, including cultural, administrative, and others.

The de facto center of Tashkent is Independence Square (Mustaqillik Square) with a group of administrative buildings. However, significant cultural and commercial centers of activity are located across a considerable area around it.

In global practice, it is customary to distinguish between the central and outer core of a city. For example, in Moscow, the central core is the territory within the Garden Ring, and in Paris, it is the area bounded by the Boulevard Périphérique. A key aspect of this method for defining the central core is the poor connectivity between the central and outer cores, often limited by a major thoroughfare.

A similar approach has been applied in Tashkent. The central core is bounded by the Small Ring Road. It includes most of the administrative, cultural, entertainment, and commercial points of attraction.

Identifying sub-markets is necessary for tracking more detailed information about the development of different parts of the city. 

In various regions, sub-markets are identified in two ways:

• Division by administrative districts of the city;

• Division by other methods (Clustering, Block division, etc.)

Proposed Sub-Markets

Based on a cluster analysis, taking into account historical context and physical boundaries (major roads, parks, rivers), a map of sub-markets for the city of Tashkent has been developed.

The Central Business District in Tashkent consists of 4 sub-markets:

NCBD – Northern part of the business district

CBD – Central part of the business district

SCBD – Southern part of the business district

TC – Tashkent City

Key objects have been identified within each of these, and GBA, GLA, average sub-market rates, and other indicators have been calculated.

Tracking the indicators for each sub-market allows for observing the dynamics of the commercial real estate market at a more detailed level, thereby facilitating capital inflow into