£2bn New Covent Garden Market redevelopment includes 3,000 new homes in Nine Elms
The UK’s biggest fresh produce market is getting a makeover.
Plans to upgrade the New Covent Garden Market’s 40 year old facilities and build thousands of new homes have been given the green light.
More than 3,000 new homes will be built at the site in Battersea's Nine Elms regeneration zone, alongside 11.5 acres of market facilities, 135,000 sq ft of office space and 100,00 sq ft of retail and leisure facilities.
The £2bn redevelopment project, granted planning permission by Wandsworth council yesterday, will begin construction in 2016.
It forms part of the Nine Elms regeneration project which will see 18,000 new homes built in the next decade creating an expected 25,000 new jobs in the area.
Sarah McDermott, chairman of the council’s planning committee, said:
The market is the biggest single development site in Nine Elms and an incredibly valuable source of local jobs.Its revival is key to our vision for the area and the redevelopment of its perimeter sites will fuse together key sections of the new people-friendly environment we are creating here.
It was also revealed today that the Northern Line will be extended to Nine Elms and Battersea in a £1bn project.