Physical regeneration news: Market change
Plans to redevelop the largely derelict end of Smithfield Market in the City of London were unveiled last week. The development proposed on the western end of the historic meat market by Thornfield Properties includes 46,450 sq metres of office space and 9,290 sq metres of retail space around a market hall. Unlike the rest of Smithfield Market, the former general market, annex and public toilet building are not listed. Thornfield Properties expects the redevelopment to create up to 3,000 jobs and includes £18 million of local railway infrastructure improvements. The plans have been backed by Smithfield Market Tenants' Association. A planning application has been submitted to the City of London Corporation.