The Central Business District is the downtown of Bellingham and is a mostly commercial and industrial area. Currently there are a few condos and apartments, with many many more planned for future development. There are few single-family detached residences in this neighborhood. Instead, the business district is a hub for local businesses with unique shops, charming restaurants and offices in character buildings.

This district is home to a handful of the city's best entertainment options, including the Mt. Baker theater, restaurants and the always popular Farmer's Market. The harbor and marina are also located here. Currently, the waterfront is undergoing a major redevelopment that began when the city bought the land from Georgia-Pacific. Although still in the planning phase, the final project will include parks, commercial space and more condominiums.