The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Plans for Billingsgate and Smithfield Market Relocation Approved

Plans for Billingsgate and Smithfield Market Relocation Approved
21 November 2022
 

Plans for a major regeneration programme to Dagenham Dock, where 42 acres of industrial land will be generated into a modern food market, have been approved by the City of London.

The City Corporation was awarded outline planning approval by the London Borough of Barking and Dagenham in March 2021, for the plans which would co-locate these historic markets for the first time. The Court of Common Council, the City Corporation’s principal decision-making body, has now voted to deposit a Private Bill to parliament to obtain consent to relocate Billingsgate and Smithfield wholesale markets to the area

Plans to move New Spitalfields to Dagenham Dock are not included in this Private Bill, but it is hoped that this will go ahead in the future.

The new market at Dagenham Dock is set to open between 2027-2028.

 

Image

Picture: a render showing the proposed new market from above. Image credit: Chetwoods for the City of London Corporation.

 

Almost One Billion Pounds of Investment

 

Almost one billion pounds will be invested to regenerate the area, bringing an estimated 2,700 new jobs to Barking and Dagenham, and supporting 7,850 jobs across the UK, an increase of 1,140 on the jobs supported by Billingsgate and Smithfield currently.

Relocating Smithfield Market means a historic part of the Square Mile can be preserved, opening up the listed buildings. The site is planned to become home to the new London Museum.

The land at Canary Wharf that will be unlocked by relocating Billingsgate could provide around 2,000 new homes and other social infrastructure.

Chair of the City Corporation’s Policy and Resources Committee, Chris Hayward, said: “Our investment in delivering modern, environmentally-sustainable wholesale markets in Barking and Dagenham will boost the economy across east London, supporting jobs, skills and training.

“The existing Smithfield Market site is at the heart of our vision for Destination City, where the new London Museum will showcase the capital’s rich culture and history to millions of visitors. Relocating our markets will help ease traffic and improve air quality in inner London, while unlocking land at Billingsgate for new housing.”

Picture: a photograph showing the inside of Billingsgate market, showing boxes of fish. Image credit: Unsplash

Article written by Ella Tansley | Published 21 November 2022

Share



Related Articles

Turner & Townsend to Manage Construction of New Co-Located Markets

A new site is set to become the future home of Billingsgate, New Spitalfields and Smithfield Markets as part of the City Corporation’s Market Co-Location...

 Read Full Article
New City Planning Guidance Will Require Detailed Carbon Information

Developers in the City of London will need to provide detailed carbon impact figures before submitting an application under new planning guidance. Under the advice...

 Read Full Article
HSBC Considers New London HQ

Reports from The Sunday Times suggest that HSBC is looking to leave its global headquarters at 8 Canada Square in Canary Wharf. According to the British newspaper,...

 Read Full Article
City of London Consults Developers on Light Pollution Strategy

The City of London Corporation is looking to implement requirements that restrict how buildings are lit in the Square Mile. The draft Lighting Supplementary Planning...

 Read Full Article
ISS’ Matthew Dean Secures Worshipful Company of Environmental Cleaners Award

Matthew Dean, Product Development Manager at ISS, has been awarded the Chartered Practitioner Award from the Worshipful Company of Environmental Cleaners. The accolade...

 Read Full Article
Schroders Submits Planning Application for 55 Bishopsgate Redevelopment

Schroders Capital Real Estate team has submitted a planning application for a new skyscraper in the City of London. The proposed scheme looks to open up the area...

 Read Full Article
Will HSBC Leave its Iconic Canary Wharf Home?

Leaked memos suggest that the banking giant is considering whether to keep its global HQ at HSBC Tower when the lease expires in 2027. HSBC has occupied the 45-storey...

 Read Full Article
UK’s Largest 100% Electric Net-Zero Office Set For 2026

A £400 million development finance facility to fund 105 Victoria Street means building work will commence this year, with Skanska as the main contractor. Welput,...

 Read Full Article
Allianz Real Estate and Aviva Investors to Develop Prime London Offices

Allianz Real Estate and Aviva Investors have formed a joint venture to develop two Grade-A, prime office buildings in the City of London. 1 Liverpool Street and 101...

 Read Full Article
Former WeWork European MD Launches First London Flexible Workspace

infinitSpace, a new flexible workspace company founded by the former European MD of WeWork, is about to open its first London workspace in Aldgate Tower, with twenty...

 Read Full Article