Smithfield and Billingsgate Markets Could Move to Royal Docks
The move aims to protect jobs and regional food supply, generating £750 million in local spending and creating over 2,200 jobs, the City of London Corporation said.
- A preferred site at Albert Island was chosen by market traders following discussions with the City of London Corporation and the GLA, with Smithfield Market and Billingsgate Market expected to relocate in 2028.
- Following the collapse of the Dagenham scheme last year due to spiralling costs, the City of London Corporation sought alternatives as Smithfield Market's City site is planned for cultural uses and Billingsgate Market's Poplar site is earmarked for housing.
- Estimates show about 750m in local spending from the Royal Docks development, with over 2,200 jobs and a 130 million boost to Newham's economy, including a new onsite food school.
- Funding conversations will start with potential delivery partners, with market traders or a private developer expected to finance the move, which requires an Act of Parliament and Newham Borough Council planning permission.
- Redeveloping the vacated market sites is projected to deliver billions in growth and thousands of homes, while the new London Museum is planned for Smithfield Market’s site, which has over 900 years of history.
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The main entrance to Billingsgate Market. Pic: Håkan Dahlström A new City of London Corporation proposal would move the historic Billingsgate and Smithfield markets to the Royal Docks, ending a year of uncertainty about their future. The new market complex is proposed to be on Albert Island, an old industrial site on the Royal Docks in Newham. The Albert Island site is 25 acres, which would support both Billingsgate fish market, at Canary Wharf a
Smithfield and Billingsgate Markets Set For London Docklands Move
Two of London’s historic wholesale markets could move to the Royal Docks in 2028 and offer a new onsite food school under a new proposal to secure the future of the centuries-old food markets after long-term relocation plans to Dagenham were abandoned last year.The identification of a preferred site – Albert Island in east London – where both markets can be located together has been described as “progress” by The City of London Corporation, whic…
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