Canary Wharf is now spreading east as the owners of the Docklands banking district want to make Canary Wharf - once notorious for its absence of shops and restaurants - into a vibrant East End “creative quarter.” Part of this continuing transformation of the area is a new four-storey shopping centre which opened this year above the new Crossrail terminal at Canary Wharf (due to open in 2022) and a yearly entertainment programme for the area.
The eastern extension is set to almost double the number of people working and living in the area within the next 10 years. There are plans for 30 buildings at Wood Wharf, including a 57-storey cylindrical residential skyscraper facing the waters of South Dock, designed by Herzog & de Meuron.
The innovative regeneration of East London is on track to become an extension of the Canary Wharf district and will see changes similar to those experienced by the Isle of Dogs over the last 10 years.