[Sidney Crosby's Hat]

Originally Posted by hwy19man

That is correct. Cities use this acronym for proximities to the city core and are usually comprised of mixed use developments.

In the United States, other cities use similar acronyms:

Denver, Colorado has an area similarly called LoDo (Lower Downtown).
Omaha, Nebraska has NoDo (North Downtown).

Don't forget DoWiSeTrePla in New York!