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During the 1880s and 1890s , the construction of office buildings and business blocks and the displacement of the residential population began to transform the Golden Triangle into a Central Business District . Since the future prices of constructed facilities are influenced by many uncertain factors , it is important to recognize that this risk must be borne to some degree by all parties involved , i.e ., the owner , the design professionals , the construction contractors , and the financing institution . " Although everyone is looking forward to the building 's completion , the construction has been difficult for University and campus ministry staff . What is more , the emphasis must also be placed on some industrial sectors of the greatest importance to our economic and social development , such as for example , the construction industry . These include the CMC , the construction contractors , and / or the equipment manufacturers .