Go-ahead for Covent Garden market redevelopment

The UK Government has given the go-ahead to the redevelopment of the New Covent Garden Market at Nine Elms in Vauxhall, paving the way for a major overhaul of the 57-acre site. The Covent Garden Market Authority (CGMA) says the approved business case includes a range of redevelopment options, all of them based on providing a Market with an increased trading area of up to 540,000 sq ft, which will now be explored further. The go-ahead was given by Environment Secretary Hilary Benn who said the market authority “have worked extremely hard to produce comprehensive plans for a new site for their tenants. We look forward to working closely with CGMA as they start to deliver a Market which will continue to play a crucial role in London’s food chain.” Responding to the decision Baroness Brenda Dean, Chairman of Covent Garden Market... [read full story]