Downtown Phoenix is the
central business district (CBD) of the City of
Phoenix,
Arizona,
United States. It is located in the heart of the
Phoenix metropolitan area or Valley of the Sun. Phoenix, being the county seat of Maricopa County and the capital of Arizona, serves as the center of politics, justice and government on the local, state and federal levels. The area is a major center of employment for the region, with many financial, legal, and other national and international corporations housed in a variety of skyscrapers. Major arts and cultural institutions also call the area home. Downtown Phoenix is a center of major league sports activities, live concert events, and is an equally prominent center of banking and finance in Arizona. Regional headquarters for several major banks, including
JP Morgan Chase,
Wells Fargo,
US Bank,
Bank of America, Compass Bank and
Midfirst Bank are all located within or close proximity to the area.