Canary Wharf is the second financial district of London. The area of Canary Wharf was initially developed in the 1990s in the wake of the deregulation of the financial sector in the late 1980s when there was a huge demand for floor space.
Previously Canary Wharf was part of the West India Docks and from 1802 and it was one of the busiest docks in the world. However, this port industry started to decline in the 1950s and was closed in the 1980s.
Although the 1st stage of the development was completed in the early 1990s, it only took off only when it was linked to the Jubilee Line Tube (London Transport Underground system) for the millennium. Transportation to this business district was inadequately served by the Dockland light railway system.
Structural outline of Canary Wharf
The image shows the basic outline of the Canary Wharf Development. The area around the river front is kept clear so that the energy from the river bend can enter the business district.
It is built along a spine (North and South Colonnades) with buildings on either side. The centre piece being One Canada Square which is one of London’s tallest buildings with 50 storeys and 235 metres high. This tower is a symbol of the regeneration of Docklands.
In the centre of the “spine” there is an underground shopping mall known as Cabot Square Shopping Mall. The entrance to this mall is in Cabot Square which faces the river. There is a smaller shopping mall – Jubilee Place at a quiet corner and linked with the Jubilee Line Station.
Feng Shui Analysis
The energy from the turn of the river enters the Gap and then allow to flow down the 2 roads (North and South Colonnades). Energy is allow to enter the complex through Cabot Square.
All the building by the Colonnades have their entrances by the road so that energy can easy enter the building thereby filling the properties with energy.
The main building of this complex is One Canada Square (marked B). There are various entrances to this building allowing this energy to get in. One conduit is the Cabot Square Shopping mall which allows energy from the entrance at Cabot Square (marked A) into One Canada Square.
The configuration of this landmark building is in the feng shui armchair configuration (marked C) . It as a clear view to the front with Citibank and HSBC buildings are on either side as the arms. The back rest are formed of the other buildings. The armchair configuration is a method for the building to retain the energy. See image.
The buildings in Canary wharf all have a regular shape. Either they are squares or rectangles. This is the ideal feng shui configuration in the building design. However, in the City of London, there are many different shapes as the developers are squeezing all the building into the available land.
The main Cabot Square shopping mall – which has the entrance facing the river in Cabot Square (A) is always buzzing with life with shoppers. There is another shopping mall, Jubilee Place, which is linked to the Underground system does not appear busy. It does not have any energy as it does not have an entrance gathering the energy from the energy rich areas of Canary Wharf. In my opinion, the Jubilee Place Shopping Mall was very much an after thought and the it was not in the initial design stages.
Test of the System – How successful is Canary Wharf?
The businesses in the Finance are very sensitive to success and failure. Should something not work, they are not afraid not to use it or not continue with it. Canary Wharf has continued to expand particularly after the commissioning of the Jubilee Line underground system to the district. It has about 100,000 people working there compared with 300,000 thousand in the City of London. However, a key indicator is the number of banking staff. In is claimed in the Financial Times, there are now more banking staff in Canary Wharf than in the City of London and the number continue to grow.
There is a continual programme of new office buildings in Canary Wharf indicating growth and confidence in the district.
Canary Wharf is now part and parcel of the business scene of London. It is probably the newest and most dynamic area of Business London.
(c) Copyright – Dr Michael Oon. All Rights Reserved Worldwide 2012.
The City of London (The City) is London’s financial district. It has a history that dates back some 20 centuries and it is now one of three premier financial centres in the world. The City has always been involved in trading. From the Roman times, a trading hub of the British Empire and now an important world financial centre. Which came first? Is it an auspicious location where people come and succeed? Or people come first and they make it successful?
It has been recorded that Julius Caesar in 55 BC had been reconnoitring the land which later became a trading and defence post of the Roman Empire. It was known as Londinium, the Roman name for London. The Romans chose the 3 hills, now known as Ludgate Hill, Cornhill and Tower Hill for their settlement as it was above the level of the floods when it occurred.
London declined with the Roman Empire but in the 9th Century, it became a trading post with links to Europe. Its wealth and prosperity began to attract invaders with power passing from Viking to the English then to the Normans in AD 1066. London has grown from these humble roots to become a cosmopolitan metropolis and literally, centre of the trading world in the 18 to 20th Centuries.
Map – Wikipedia 13th century
The City is the area North of London Bridge and its present boundaries are indeed the roughly similar to the 13th Century map occupying about a square mile in area. Currently, the City is a financial district and it has its own local government and its own Mayor of the City of London. This is distinctly different from the Mayor of London.
The City vies with New York city as the financial capital of the world with many banking and insurance institutions having their headquarters here. The London Stock Exchange (shares and bonds), Lloyd’s of London (Insurance) and the Bank of England are based in the City together with over 500 banks. London is the world’s greatest foreign exchange market which had about 40% of the daily global trunover of about $4.0 trillion in 2009.
Looking at the map of the City, you can see that it is a random collection of roads and buildings. There was a great opportunity to re-develop the City after the Great Fire in 1666 but, the traders in the City prevailed and they just built their buildings on the land they owned. The current roads of the City are exactly how it was centuries ago. Hence, the roads are going at all the different angles and the buildings have all the different shapes.
There are certain unique features of the City.
1. The dominating building is St Pauls Cathedral. It dominates the West side of the City.
2. There are 40 churches; many were designed by Sir Christopher Wren who also designed St Paul’s.
3. Much of the present day buildings are built over the old Roman city ruins.
Structure of the City
Like all established cities of the world, it is located by the water. A necessity for communications and survival (food and waste). London has the River Thames whose source is in the Cotswolds which is to the North West of London. It then flows into the London area from the West past The City. The energy brings to the City the following characteristics
North West – father – order, management, money,
West – 3rd daughter – fun/drinking, talking/argument,
As the river turns the corner, it is sending energy to various parts of The City.
“Job Description” of the various sections of the City of London (and slightly beyond)
A: This is the area where the Courts of Law are. These include the most important Courts in the UK – Old Bailey (Central Criminal Court), High Court of Justice and the Supreme Court.. From the type of energy coming from the river, these courts are not only have a high reputation of importance in the UK but also, to the rest of the world. These courts are used by parties from many different countries to settle disputes. Certainly this would be an area where there are plenty of lawyers would be setting up their offices. The lawyers who work here can certainly be very wealthy indeed.
B. Fleet Street: This was the area where the UK national papers were published and distributed nationwide. However, in the 1980s, with the introduction of modern technology, the publishers relocated away from central London where they could get more space. For example, News International moved to Wapping, Telegraph moved to Canary Wharf etc. The offices in Fleet Street are now occupied mainly by law firms as the Courts of Law are nearby.
C. St Pauls Cathedral: This is the landmark building of London. The view of the Cathedral is protected. Hence, the buildings in the west side of the City have restrictions in its shape and height. The towers or skyscrapers are further along in the East side of the City have less restrictions.
D. Paternoster Square, just north of St Pauls Cathedral . This is another area where publishers once congregated. However, with the re-development, it is now occupied by businesses in the financial services like banks
E. Bank of England building and Royal Exchange. This is the area where the banks are located. At one time, there was a requirement that the banks should be within a radius of 10 min walking from the Bank of England but this rule was relaxed in the 1980s. This area has a junction of 6 roads and a large open space (forecourt) in front of Royal Exchange building. This place receives energy from 6 different directions. It is filled with energy thereby making it an extremely auspicious location.
F. Lloyds of London. This building houses the London Insurance Market and it is located in the East side of the City. Around this building are the other insurance companies including Swiss Re which developed the Gherkin, also known as the 24 St Mary Axe.
The East side of the City does not have the “demand” as the west side. Also, there are less building restrictions at this end (like the hindering the line of sight of St Pauls Cathedral). This is where the tower or skyscrapers are being built – Heron Tower and a cluster of towers which are under construction like Pinnacle, 100 Bishopsgate, 20 Fenchurch Street, Heron Plaza, The Heron.
It is all about getting the floor area into the square mile. There is always demand for space. Property developers are thinking of ways of getting addition floor area into the footprint of the land. Towers or skyscrapers are being built in the East side of the City. An example of this is 20 Fenchurch Street (Walkie Takie) with its bulbous top as the best rents can be had with floors with a striking view. As a result, the city is a mix of the old with the new. In my opinion, anything goes as long there is funding for the project.
Feng Shui Analysis:
London has established excellent connections to all parts of the world over the centuries. It is located in a time zone which allows communication to both Asia and the Americas.
The City receives energy from the land but mostly from the river. The City is located after the bend in the river. The energy from the river, instead of flowing with the water around the bend, goes straight ahead towards the City (as in the red arrows). The road layout in the City is haphazard.
Therefore, this energy is not distributed evenly as in districts like Canary Wharf . Therefore, some buildings will receive more energy and some will receive less. Also, there are buildings which have plenty of energy around them, but the doors are in the wrong place to receive the energy for the building. It is random. However, there are still a good number of buildings which receive plenty of this energy as shown by the trading record of the district.
This goes back to the Question at the beginning of this post?
Which came first? Is it an auspicious location where people came and succeed? Or people came first and they made it successful?
London has been a trading post since the turn of the millennium some 20 centuries. It is now, one of the top trading centres of the world. This time span is greater than any human being. From the historical record of London, it looks like, more people came to London to work and succeeded than anywhere else over this period of time. It appears that it is the environment or the location of London that helps more people to succeed than other towns or cities.
Feng Shui is a Chinese system of Land Management. It is about how the environment interact with the welfare of man.
(c) Copyright – Dr Michael Oon. All Rights Reserved Worldwide 2012.
As mentioned previously in an earlier posting, London is not only the capital city of the UK and is the most successful city in Europe. The previous posting was on the significance of Regents Park in the distribution of energy in the London’s West End.
This posting will cover the contribution of the other 3 parks to London’s West End – Hyde Park, Green Park and St James’s Park.
Hyde Park is easily London’s largest park with plenty of grass and trees together with a large lake – the Serpentine. Green Park and St James’s Park are much smaller and its contribution is still vital in the overall picture.
London’s Hyde Park.
The energy flows with the landform. To the south, the land slopes very gently down to the River past Knightsbridge, Kensington and Chelsea. This energy passes the world renown Royal Albert Hall, Imperial College, the Museums (Science, Natural History, Victoria & Albert) and of course, Harrods. This area is a prime residential properties which is always in demand by many overseas people. The prices have risen constantly irrespective of the movement of the local house prices. These areas include Belgravia, Kensington and Chelsea.
The other direction of the energy flow is east towards Mayfair. This energy is mixed with the energy from Regents Park. The Mayfair area is renowned for the luxury hotels – Dorchester, Hilton, Grosvenor, JW Marriott, Intercontinental and Four Seasons together with exclusivity of the Area. There is the centre for luxury brands in New Bond Street. Part of this energy then goes down Regent Street to Piccadilly. The remaining energy flows down to St James’s which is another exclusive area for financial institutions like hedge funds, private equity and private clubs.
As an observation, you can see the quality of the buildings on the West and East sides of Regent Street. On the West is Mayfair with its splendid opulent buildings which receives energy from Regents and Hyde Park Parks. On the East is Soho with its small buildings and creative and artistic community. This Eastern side does not receive much energy as the Western side. The difference is vast. It is literally a world apart.
Green Park and St James’s Park
The energy from these 2 parks, together with the energy from the other 2 parks then flow down to Westminster. This is the district of Whitehall where the Government Offices, the Palace of Westminster (House of Commons and House of Lords). This area is on the banks of the River Thames. This district also receives energy directly from the River.
To sum up:
The areas marked within the red outline shows the prosperous inner core of West End. These are the areas where the most prosperous buildings are. This does not mean that all the property is good. It is a random mix. There are some that are good, mediocre and some really bad where they are not getting any energy.
What are the successful businesses in London’s West End.
As stated in the earlier posting, the energy going to London related to the energy from the West and the North West. The main businesses in this district include communications (PR, Advertising, media like radio, magazines), management (many head offices) and government, retailing (including the luxury brands), entertainment and enjoyment (theatre, restaurants), a number of financial businesses (hedge funds, private equity) and tourist attractions.
The key to the prosperity of the West End is the relative positions of Parks to the river. The energy in the environment is accumulated in the Parks, it then distributed through the road systems to the river. The key point is the land slopes downward towards the river. Because of this slope, the energy flow in the same direction.
The secret of London’s West End prosperity is the 4 Royal Parks. They provide the energy for the key districts and the obvious and significant success that we have know about.
(c) Copyright – Dr Michael Oon. All Rights Reserved Worldwide 2012.