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The city of

the future

will push

beyond it’s

existing

boundaries

The Wall: Outwards, skywards, onwards

In the 200 years after London was established by the

Romans it came under repeated attack. As a result, the city

– then a semi-circular area of 326 acres – was enclosed by

a 2.5 metre wide, 6 metre high stone wall. For 1,000 years

the wall was a success, providing a judicial boundary for

both Roman and later Anglo-Saxon London.

But things started to change. Some things happening

outside of the wall became interesting, and by the late

medieval era the City began moving beyond its confines.

First it moved westward, and later to the east, adding

Holborn, Bishopsgate and Aldgate.

It is from these beginnings the ‘Square Mile’ came to be

what it is today, providing employment for over 400,000

workers, accommodating more than 15,000 firms, and

contributing billions of pounds to the UK economy.

The City’s businesses have pushed outwards. Two

decades ago Canary Wharf was a wasteland in east

London’s docklands, now it sprouts skyscrapers that

provide premises for global banks with giant trading floors.

Mayfair provides boutique offices for the many hedge

funds that have spread westward.

The City’s developers and real estate investors have

pushed skywards. Incessant demand for more space has

led to a wave of developments; 21st-century skyscrapers

include the “Walkie-talkie”, the “Gherkin” and the “Cheese-

grater”. There are plans to develop One Undershaft, a

310-metre high tower only slightly shorter than the Shard,

along with the 278-metre high 22 Bishopsgate.

Although it is not likely to be built any time soon, SURE

Architecture recently designed a conceptual tower that

could theoretically house an entire neighbourhood. Having

its own ecosystem, it is of a spiralling form that could be

extended infinitely upwards to accommodate residential

communities, businesses, schools, public spaces and

shopping areas.

With a projected workforce rise of 50,000 by 2030,

and GVA growth of 50% in the same period, the City of

the future will inevitably continue to push beyond its

existing boundaries.

Financial market

deregulation

Canary Wharf

Spiraling towers and

fume-less vehicles?

Twenty-first century

skyscrapers

1980s

1990s

2030+

2010s

CUSHMAN & WAKEFIELD

33

PAST, PRESENT, FUTURE