Economy
Hammersmith is a natural centre of activity, located at the confluence of a key arterial route out of central London (the A4) with several local feeder roads and a bridge over the Thames. The focal point of the district is the commercial centre (the Broadway Centre) located at this confluence, which houses a shopping centre, bus station, an Underground station and an office complex.
Stretching about 750m westwards from this centre is King Street, Hammersmith's main shopping street which contains its second shopping centre (King's Mall), many small shops, the Town Hall, the Lyric Theatre, a cinema and two hotels. King Street is supplemented by other shops along Shepherds Bush Road to the north, Fulham Palace Road to the south and Hammersmith Road to the east.
Hammersmith's office activity takes place mainly to the eastern side of its centre, along Hammersmith Road and in the Ark, an architecturally-unique office complex to the south of the flyover which traverses the area. The offices of International SOS, Bechtel, Coca-Cola, Disney, Pokémon, L'Oréal, NHS Hammersmith and Fulham, Sony Ericsson, Shazam, Universal Music Group, World Wrestling Entertainment, AOL UK, Accor UK, Next Fifteen Communications, US Airways, Rogers Stirk Harbour + Partners, Frost Meadowcroft Lifschutz Davidson Sandilands and Royal Jordanian Airlines are all found in Hammersmith. Two NHS hospitals provide jobs in Hammersmith - Charing Cross Hospital to the south of the centre on Fulham Palace Road and Hammersmith Hospital in the north. Charing Cross Hospital is a large multi-disciplinary hospital with an accident & emergency department and teaching department run by the Imperial College School of Medicine.
CE Europe, a subsidiary of Capcom, has its head office in the George House in Hammersmith. As of May 2011 it will be relocating to the Metro Building, an 11 storey, 106,000-square-foot (9,800 m2) building in Hammersmith.
For a fifteen-year period, Air France had its UK and Ireland office in Colet Court in Hammersmith. In 2006 the UK and Ireland office was moved to Hatton Cross, London Borough of Hounslow.
HammersmithLondon is responsible for delivering a Business Improvement District (BID) to Hammersmith. It is a business-led not-for-profit limited company established to represent the views of local businesses in Hammersmith town centre. The company identifies and delivers tangible initiatives to benefit local businesses and improve their operating environment.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)