A report published today by The Prince's Foundation for the Built Environment, the educational charity founded by the Prince of Wales to pursue high standards in architecture, outlines a number of measures that will give the area a complete makeover.

Building work for the project, which will be funded by Westminster council and private developers, is expected to begin early next year.

Key recommendations include:

• Basing future building projects on the principles of feng shui, an ancient system of design principles which claims to enhance health, wealth and positive energy.
• The reopening of Leicester Square Tube station's entrance of Little Newport Street and Charing Cross Road, which will give Chinatown its own dedicated Tube entrance. The entrance has been closed since 1978.
• The creation of nine dragons, replicating the carvings which adorn Beijing's Beihai Park and believed to be symbols of cosmic energy. These will help define the entrances to Chinatown.
• A new timber pagoda open to the public in Newport Place.
• Monthly craft markets showcasing the best in Chinese products.
• Gold lanterns to light the streets