Canary Wharf is one of London's major business districts, situated in Tower Hamlets. The area is home to some of the United Kingdom's most tallest buildings, including One Canada Square. The area is owned and managed by Canary Wharf Group, and there are approximately 90,000 people working in the district. Canary Wharf houses the European and global headquarters of many of the world's major banks, media organisations and professional service firms.
Canary Wharf sits in the West India Docks of the Isle of Dogs, in the Borough of Tower Hamlets, East London. The docks was once part of the busiest port in the world, but it declined during the 1950s and eventually closed in 1980, as the British Government sought to redevelop the area. This included the creation of the London Docklands Development Corporation, granting the Isle of Dogs Enterprise Zone status by 1982. During 1987, Canadian company Olypia and York agreed to construct a major office development on the Isle of Dogs, and this construction commenced in 1988.Cabot Square, Canary Wharf, London.