Downtown Lodz is the business and cultural hub of the city, and all the key amenities and points of interest are within the borough's jurisdiction. Among other things, the University of Lodge (including the renowned film faculty), the offices of all major companies operating in the city, cafes, pubs, theaters and restaurants are positioned here. In 2017, an accelerated program for the redevelopment of the city centre (Srodmyshce) began, in accordance with a unique plan that works to renovate and develop 1,000 acres that will combine the commercial and residential elements of the city.
In addition, the city centre is currently undergoing a conservation program led by the Lodz Municipality, in which the facades of houses and various streets are being maintained and renovated, and becoming pedestrianized. As part of the regeneration the city is undergoing, the Lodz Central Railway Station (Fabryczna Station) was established. Construction of the station was the largest investment of its kind in Poland and is now considered one of the most modern railway stations in Europe.
According to Cushman & Wakefield, one of the world's largest real estate corporations, the city has received a number of mentions and awards when it comes to friendliness toward real estate investors.