On the waterfront

What city would not like to have plush modern waterfront offices, which bustle with people attracted by cafés overlooking stupendous views. Many municipalities are casting their eyes enviously to business districts such as London's Canary Wharf. Then they look at their own decaying post-industrial areas, such as former docklands and ports, and dream of the prestige and revenues brand new business districts might bring. However, maybe it is worth remembering that the development of London's Canary Wharf was far from smooth. The business district's original developer, Olympia and York Canary Wharf Limited, filed for bankruptcy in May 1992, and a glance around the region appears to confirm that even after twenty years, such high profile projects remain far from easy to complete. Two capitals, two projectsDuna City is probably one of the more ambitious projects. Located on 32.5 ha brownfield site on the banks of the Danube in Budapest, the plan was to create a new government distri