With the update and development of technologies such as IoT, the smart city revolution is boosting construction. Several excellent CBD construction projects designed in smart city construction models have emerged around the world. Exploring the construction model of the CBD through the establishment of an evaluation index system of construction effect is of great significance for CBD’s future development. The main objective of this study is to analyze the factors that affect the effectiveness of the construction of the CBD by using the Delphi method and AHP and to provide a systematic method to establish an index evaluation system for the construction effect of the smart CBD, which reflects the influencing factors of the construction effect in the CBD district from six perspectives: construction, management, service, innovation, strategy, and users. This paper also introduces the construction and development of CBD in the Jiangbei New District in Nanjing, China, and uses the indicator system established in this study to evaluate its construction effect. This paper establishes a four-level indicator system, from general to specific, and discusses the degree of impact of each indicator on the effectiveness of smart CBD construction. In order to obtain the initial evaluation data more accurately, this study classified the survey subjects into three categories, which are managers, commercial enterprise users, and ordinary residents. Finally, through the analysis of the evaluation results, the effectiveness of the construction of the Jiangbei New District CBD was evaluated, and the focus of the future smart CBD construction was pointed out. The evaluation index system for the construction effect of the smart CBD established is considered to supply a good foundation for the CBD-related study.
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