It is made up of the areas of Garnethill, Blythswood Hill, and Merchant City, though parts of Cowcaddens, Townhead, Anderston and Calton also fall within its boundaries.As the Industrial Revolution and the wealth it brought to the city resulted in the expansion of Glasgow's central area westward, the original medieval centre was left behind.The area has supported a huge growth in art galleries, the origins of which can be found in the late 80s when it attracted artist-led organisations that could afford the cheap rents required to operate in vacant manufacturing or retail spaces.[12] Since the late 1980s the construction of many modern office blocks and high rise developments have paved the way for the IFSD to become one of the UKs largest financial quarters.Of the 10 largest general insurance companies in the UK, 8 have a base or head office in Glasgow - including Direct Line, Esure, AXA and Norwich Union.
The Tolbooth Steeple dominates Glasgow Cross and marks the east side of the
Merchant City
.