Canary Wharf-History of the Space

The River Thames links London with the world and allowed the city to thrive. In the early 19th century new dick facilities were built on the river, industrialising the riverside. Over the years the building of these docks drastically changed the character of the east end. The building of the London dock resulting in the loss of 2074 homes. East India Dock closed in 1967, with London and St Katherine’s Dock closing in 1968. Ships struggled to make it down to the dock as they increased in size. London Docklands Development Corporation (LDDC) started in 1981 and set out to create a lasting physical and social regeneration of the of the area. LDDC devised a ‘market led regeneration’ strategy. The DoE first proposed Enterprise Zones in 1980 and mean public finance was used to attract private development. The Docklands remained isolated from the rest of London and construction of transport became a priority for the LDDC. In 1984 the Dockland Light Railway was commissioned to link the isle of dogs with Tower Hill and Stratford. The LDDC began a vigorous marketing campaign to attract developers in 1982, in 1986 large scale office building signalled a second phase of development. This office boom swept through the Docklands. In 1986 the ‘Bing Bang (Deregulation of the stock markets)created a demand for office accommodation, this could be build on the docklands, the idea for Canary Wharf was born. By September 1989, the LDDC had attracted £6.85 Billion in private investment. The communities of the Docklands were threatened and they set up organisations to voice concerns. The landscape altered around the local communities and those next to the Enterprise Zone were especially effected. The proposal for canary wharf sent shockwaves through the Dockland communities, this was something only for the ‘outsiders’. Olympia and York were approached to save Canary Wharf and work started in 1988. By 1989, 36 cranes towered over the wharf and 80 barges transported materials. 1 Canada Square was finished in 1991.

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