Wilshere says he wants to emulate Gunners' legend Tony Adams by serving the club for his entire career.
The 20-year-old spent the last 15 months injured on the sidelines, but he believes his bond with the Arsenal fans has strengthened during his long injury struggle.
Wilshere says he has no desire to play anywhere else apart from the Emirates Stadium.
He told The Daily Mail: "I’ve been at this club 10 years and to come through the academy at Hale End and break into the first team is a great story. It’s a dream.
"To have my family 20 minutes from the training ground and an hour from the stadium is perfect for me. Cesc wanted to go home. Home for me is Arsenal. Cesc wanted to go back to his family and friends. My family and friends are 20 minutes away. It’s perfect."
Wilshere's dream is to one day lift the Premier League trophy with Arsenal, like Tony Adams did twice. He also wants to rack up a similar number of appearances for the club as the former Arsenal captain (663 plus six as a substitute between 1983 and 2002, scoring 48 goals).
He said: "I’ve played 39 games in the Premier League, which is nothing when you look at players like Tony Adams and how many appearances they made. That’s something I want to do.
"Our ambition every year is to challenge for the Premier League title. If we didn’t think we could do that, we would be under-achieving.
"People might say we’re a long way off — and the table doesn’t lie, we are a few points behind — but we know what we have to do.
"We know we can’t afford to drop points. We know we need to be in the top four. We know we need to win a trophy and get in the Champions League again.
"We do it every year and there’s no reason why we can’t do it again."