Camden Markets takes step closer to transformation as contracts struck with consultants

 
Catherine Neilan
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The Camden Lock is about to go through some pretty major changes (Source: Getty)

The transformation of Camden Markets into a retail and residential district took a step closer today as the three names behind the development were revealed.

Market Tech, the holding company that owns and manages the markets, has struck three contracts that will kick-start work, the first stage of which will be completed by late summer 2016.
Mace has been selected to oversee the redevelopment of Camden Lock Village. That includes the creation of 170 private and affordable homes, retail and market spaces, around 9,175 square metres of employment space and public realm.
Specialist contractor McLaughlin & Harvey has been chosen to build the infant and junior primary school and nursery as part of that development. The school will be the first part of the scheme to be completed, and is expected to be open at the start of the academic year next September.
Market Tech has also appointed architect firm Piercy & Company to take on the development of Camden Lock Market, which currently holds a mixture of market stalls, shops and restaurants.
Mark Alper, UK group property director of Market Tech, said it was “an exciting time for us to start seeing the delivery of our vision.
“Both Mace and McLaughlin & Harvey recognise the importance of this project to us, to the local communities and to Camden. We will all seek to deliver this project to a high standard."
Chief operating officer for construction at Mace Gareth Lewis added: “Mace was based in Camden for much of the past 25 years and we have great affection for and knowledge of the area.
"We're therefore delighted to have this opportunity to bring our residential expertise and focus on innovation and high-class delivery to the benefit of the local communities."

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