The business centre is in Manchester's newly developed Spinningfields area, which has been heralded as Europe's new premium financial and professional services destination and compared to Canary Wharf in London and La Defense in Paris. Spinningfields is an award-winning commercial, retail and residential development which extends from the established and bustling Deansgate area of Manchester city centre. It has been acknowledged as setting new world-class standards for city centre regeneration and consists of 20 signature buildings set in richly varied streets across a carefully planned six-acre site, including a hotel and other amenities. This is a design for a modern international city which is both energy-efficient and ecologically sensitive. Manchester is already the city of choice for 65 of the Financial Times Top 100 Companies and this development bears witness to its determination to build on the competitive advantage it has already achieved.