Beirut's downtown area has undergone extensive rebuilding since 1994 formation of Solidere - The Lebanese Company for the Development and Reconstruction of Beirut Central District. While it remains a controversial topic in the Lebanese political discussion it is without a doubt one of the most ambitious contemporary urban developments in the world.
Today, Beirut Downtown hosts the Lebanese Parliament, the Lebanese Government headquarters, the Beirut Stock Exchange and some of is the headquarters for some of the biggest companies in Lebanon, in addition to Beirut Souks (a large shopping mall designed with both a classic and modern feel), Cinemacity, Uruguay Street (has the best pubs) and a multitude of other shopping interests.