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The area which increasingly develops the functions of the CBD; the CBD of the future, characterized by whole scale redevelopment of shops, offices, and hotels.

http://www.answers.com/topic/zone-of-assimilation

(CBD = Central Business District... ie, The City Centre)

In essence, this is the area where plans have been made to redevelop and redesign, due to previous neglect or outdated design.

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Q: What is the zone of assimilation?
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