Over the past two decades, Canary Wharf Group has crafted the original smart city at Canary Wharf, designing services and systems into the fabric of the infrastructure and built environment to ensure their resilience, security and effectiveness. We have constructed 16.4m sq ft of superior office, retail and leisure space, creating an instantly recognisable inner London skyline of 35 buildings and attracting high quality, global tenants. The company’s original masterplan for Canary Wharf was finished in 2014 with the completion of the office building at 25 Churchill Place.
In preparation for the next phase of Canary Wharf, we decided back in 2012 to create a world-leading community comprised of the companies of the future at Level39. As they have arrived, these startups have joined a wealth of existing, mature technology companies across Canary Wharf including IBM, Intel, Infosys, Oracle and SunGard, Thomson Reuters and First Data.
Level39’s fintech startups benefit from being in close proximity to their natural client base in the banking, financial and professional services sectors. Since opening Level39 on the 39th floor of One Canada Square, Canary Wharf Group has responded to the high level of demand it has experienced by opening two further spaces for growing technology companies. These floors – ‘High Growth Space: 42’ and ‘High Growth Space: 24’ – opened in September 2013 and January 2015 respectively and now house high-growth technology companies of between 10-40 people.
As the most connected technology space in London and the home of ambitious entrepreneurs in Canary Wharf, more than 43,000 people walked through its doors in 2016 to spend time with the 200 members and over 900 employees.
Through Level39’s influence the ratio of financial and non-financial services tenants at Canary Wharf has switched from 70:30 ten years ago, to 55:45 today. 7,000 tech professionals now work full-time at Canary Wharf, the beating heart of this community being based at Level39.
Creating a space that houses the frontline of British business is what Canary Wharf has always set out to achieve. From one of the world’s busiest docks to the financial district built in the early 1990s. Canary Wharf Group has been at the heart of London’s business reinvention and intends to do so again with facilities, connections and offices designed for fast-growth tech firms, scaling digital businesses and innovative global corporates.