Canary Wharf Group (the Group) has already achieved one of the greatest ever feats of civic engineering, turning a once derelict Docklands into 97 acres of London’s, and the world’s, most sought after office and retail space.
The Group’s workforce comprises more than 1,200 people who are dedicated to one of the four sub companies. Canary Wharf Limited, Canary Wharf Contractors Limited, Canary Wharf Management Limited and Level39 Limited.
Canary Wharf Limited (CWL) provides executive guidance and administrative support to the two main operational arms. It is the company that provides central business services for the Group and drives our socio-economic development agenda with departments that include Accounts, IT, Personnel, Legal, Office Leasing and the Press Office amongst others.
Canary Wharf Contractors Limited (CWCL) manages and delivers all of the Group’s construction projects in an integrated Project Manager/Main Contractor basis. We carry out the following activities in our Project Management and Main Contractor role:
- Manage the delivery of the final design
- Procure and appoint specialist trade contractors
- Programme the works
- Manage and incorporate tenant requirements in the design and delivery
- Control, manage and review costs on an ongoing basis
- Engage in value engineering exercises for shell and core and tenant works
- Control and manage quality and sustainability
- Control and manage safety
- Manage all site activities and co-ordinate interfaces between specialist sub-contractors
- Commission building systems
- Deliver the project in accordance with our time, budget and quality obligations
On projects where CWCL is not Main Contractor we act in a Project Manager capacity. Where the Group is not involved as a developer, CWCL operates as a construction manager and is integrated with the developer’s project team.
Canary Wharf Management Limited (CWML) undertakes management of our 97 acre estate. With a current working population of around 120,000, 37 office buildings constructed to the highest standards of quality, resilience and environmental sustainability, over 300 shops, cafés, bars and restaurants, and our stunning venue, the East Wintergarden, Canary Wharf is a world-class centre for commerce, retail and leisure and needs to be managed as such.
CWML’s many roles on the estate include, but are not limited to, security, traffic management, health and safety, business continuity, facilities management, public spaces and landscaping, arts and events and running the East Wintergarden venue.
Through expert mentors, access to Canary Wharf’s dynamic workspace, a packed events calendar and best-in-class facilities Level39 helps businesses achieve scale.
Owned wholly by the Canary Wharf Group, Level39 launched in March 2013. Since then, it has grown from a simple idea into a three-floor, 80,000 sq. ft. community space occupying the 39th, 24th and 42nd floors of One Canada Square. www.level39.co
As a fully integrated property development, investment, and management company, the Group has the experience and the reach to control and steer any project, of any size, from concept past completion.
In three decades, the Group has not only transformed Canary Wharf into 16m sq ft of superior office, retail and leisure space, but it has also been called on to spread its expertise in tall building design across London.
Canary Wharf has an instantly recognisable London skyline attracting some of the world’s greatest companies. The 120,000 jobs draw employees from all over the globe, including from right here on the doorstep in Tower Hamlets. Its five malls – with more than 300 shops, cafes, bars and restaurants – are shared by some of the world’s leading luxury brands.
Buildings however, are only part of a community and a fifth of Canary Wharf’s 97 acres have been created as landscaped parks, fountains, tree-lined plazas and walkways, overseen by CWML which also manages 4m sq ft of the site’s offices, and nearly 1m sq ft of retail space.
With more than 1,000 oaks, silver limes, horse chestnuts and London planes, plus 70,000 seasonal plantings every year, Canary Wharf is one of the capital’s greenest sites where buildings and nature share this huge space on a human scale.
The arrival of Crossrail trains in 2018 will strengthen the resilience of the existing transport infrastructure, doubling capacity and cutting journey times into central London and further afield. It will take 39 minutes to get to Heathrow airport, while London City Airport is just 10 minutes away.
HIGH QUALITY ENVIRONMENTS
Elegant amenities and a bustling retail scene make the space vibrant and attractive to both employees and visitors. Canary Wharf has achieved a unique balance in design, location, environment and its population. CWG’s world-renowned tall buildings expertise has created opportunities for us to deliver high prestige projects outside of Docklands, including the City of London. Each development – from design, through construction and project management – comes under CWCL, the acknowledged leaders in high quality, high-rise delivery.
INVESTMENT PROPERTY PORTFOLIO
Southbank Place will be an important catalyst for the regeneration of Waterloo station, a major transportation hub, and this important area of the South Bank. The development will create thousands of jobs and hundreds of homes, benefitting both London and the UK. The Shell Tower, the oil company’s UK head-quarters, will remain and be the centrepiece of a new mixed use development comprising 1.4 million sq feet of offices, retail and residential space
As at December 31, 2016, the Groups investment property portfolio comprised 18 completed properties (out of 37 constructed on the Estate) totalling approximately 6.8m sq ft of net internal area. The total portfolio market value, including property under construction was £7.71 billion and was 96.9% let and the average unexpired lease length was 13.3 years.
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