Wednesday 22 April 2015 – Media Release

Londoners say they would be happiest living closer to the office

  • Feeling blue – 77 per cent of Londoners say they would be happier if they lived closer to where they work
  • Seeing red – over a quarter (26 per cent) of Londoners admit to having lost their temper on their commute and nearly a third (30 per cent) find it ‘extremely stressful’
  • Green light – Londoners say their ideal average journey time would be 30 minutes, significantly shorter than the current average journey time of 37 minutes
  • Purple patch – Londoners are four times more likely to use additional spare time on dates than the rest of the country

As Canary Wharf Group launches first homes, mycoocoon, a new colour therapy installation, enables Londoners to taste what life would be like without the commute

New research from Canary Wharf Group reveals the extent to which the daily commute impacts on Londoner’s lives. An opinion poll of people who live/work in and around London found that Londoners are longing for shorter commutes, with 77 per cent saying they would be happier if they lived closer to work and over half (56 per cent) commuting for longer than their ideal time, with the average daily commute costing Londoners almost a full week every year (5.7 days).

The research has also shown the extent that commutes can affect our wellbeing. Almost a third (30 per cent) of respondents find their commutes ‘extremely stressful’ and over a quarter (26 per cent) admit to having lost their temper on their commutes. Nearly a fifth (16 per cent) also said they found their commute affected their productivity at work.

Frustrated commuters stated they would much prefer to live closer to their place of work, with 55 per cent saying their ideal commute time would be just 30 minutes, despite 56 per cent of Londoner’s daily journeys taking longer than this.

The findings come as Canary Wharf Group announces the opening of a Twitter activated colour therapy installation in Jubilee Place Mall, to mark the launch of the first homes on the Canary Wharf Estate. The installation, created by mycoocoon, is aimed at giving city workers a taste of what life could be like without the daily commute. It reads your mood and immerses you in a colour to match your energy, helping to relax and soothe you. Each experience inside the installation is roughly 30 minutes long, just short of the average amount of time a Londoner spends on commuting, when they could be focussing on their wellbeing instead.

When asked what they would prefer to be doing with their time if they had shorter commutes, the study showed that Londoners were four times more likely than the rest of the UK to spend their new found time dating, whilst 30 per cent said they would use the time to spend more time with their families and friends. Interestingly 12 per cent would use the additional time to have a longer breakfast.

Top activities commuters would rather use their commuting time for:

  1. Spending more time with friends and family (30 per cent)
  2. Have a longer breakfast (12 per cent)
  3. Have more date nights (10 per cent)
  4. Hit the gym more often (10 per cent)
  5. Shopping (7 per cent)

Brian De’ath, Head of Residential Sales, comments: “Londoners say their ideal commute would be 30 minutes, but what would be better is no commute at all. These findings demonstrate why Canary Wharf Group has taken the decision to deliver homes on the Estate. More than ever before, Londoners want to live in central London, closer to where they work. Living at Canary Wharf would help improve the work life balance and residents will benefit from the ever expanding range of shops, bars, restaurants and entertainment venues that are here.”

Valérie Corcias, Mycoocoon, comments: “Chromotherapy or Colour Therapy healing is the science that uses the colours of the spectrum to improve our mental wellbeing and the health of our bodies. Our installation supports the launch of Canary Wharf’s residential and illustrates how to bring wellness to people with an active lifestyle, providing a harmonious balance that you can get if you did live closer to where you work. It also aims to awaken the senses and creates a strong sense of well-being.”

Londoners will be able to book in for a relaxation session in the mycoocoon by tweeting @YourCanaryWharf with the hashtag #wakeupincanarywharf to book a slot. Once booked in, they will be able to relax with, a short spell of meditation, or simply by taking 30 minutes out and letting the world go by using the innovative colour therapy. The installation will be open to the public from 12-4pm on Thursday 23rd April to Saturday 25th April.

To register your interest in Canary Wharf Group residential offerings, please visit www.canarywharf.com/residential

ENDS

Notes to editors:

The research for Canary Wharf was carried out by Opinion Matters between: 02/04/15 and 10/04/15 on a sample of 1,823 UK workers including 751 people who live or work in or around London.

Enquiries:
Nabil Hanafi/Clementine Stopford
Brands2Life
T: +44 / (0)20 7592 1200
E: canarywharf@brands2life.com

About Canary Wharf Group

Canary Wharf Group plc is an integrated property development, investment and management group of companies. It is focused on the design, construction, leasing and management of grade A office space and high-quality retail, residential and leisure facilities in central London. Over the past two decades, Canary Wharf Group has regenerated derelict wharves into one of the world’s premier business and shopping districts, constructing over 16.4m sq ft of office space. These buildings are now occupied by over 105,000 people. The company has an exciting development pipeline of over 11m sq ft of office, residential and retail space which is one of the largest of any London based developer.

Canary Wharf Group’s tenants include some of the world’s leading business organisations from the media, legal, accounting, financial services, IT, energy and transport sectors. The Group has also developed and successfully let over 300 shops, bars, cafes and restaurants to many of Britain’s leading brands. In March 2013, the Group launched its Level39 initiative to attract fintech and smart cities start-ups to Canary Wharf. Level39 is now home to over 160 start-up companies in 80,000 sq ft across three floors at One Canada Square.

The Group’s world-class, year-round arts and events programme offers over 100 diverse and culturally inspiring events performed throughout the Estate. Winner of the 2010 Christie’s Award for Best Corporate Art Collection and Programme at the International Art and Work Awards, Canary Wharf Group showcases over 65 pieces of permanent art throughout the Estate, designed and created by more than 50 artists and craftsmen. A regular exhibition programme in the Lobby of One Canada Square and Jubilee Park further adds to the Estate’s comprehensive cultural and creative offering.

In addition to development on the Canary Wharf Estate, the Group is involved with projects across London. The Pan Peninsula and Drapers Gardens developments have been successfully completed and the 20 Fenchurch Street (Walkie Talkie) development in the City of London was completed in late 2014 and is already nearly fully let. The Group is also in a joint venture to redevelop the Shell Centre on London’s South Bank.

www.canarywharf.com
@CanaryWharfGrp
@YourCanaryWharf
@CanaryWharfTech

About Mycoocoon

mycoocoon brings wellness to people with an active lifestyle, bringing them into perfect harmony with themselves and their environment, thanks to the energy that colours transmit.

mycoocoon is a colour consulting agency that works with hotels, companies and brands, based on wellness. Based on chromotherapy mycoocoon combines ancestral beliefs with the use of technology.

A balanced environment is extremely important when it comes to re-energising your workplace and house to relax, re-group and disengage from day-to-day technology and routine work related interaction.

mycoocoon can help you develop new brand concepts or maximise on existing ones. We offer a fully integrated 360º service so we can work with clients and their agencies. We adapt custom solutions to respond to your specific needs.

mycoocoon spa 5.0 invites you to immerse yourself into colour through the five senses.

Today we consume in new ways. People are looking to live experiences that contribute to their well-being.

www.mycoocoon.com