£2bn New Covent Garden Market scheme construction set to start


The £2bn redevelopment of London's New Covent Garden Market is set to begin this spring.

Led by joint venture development partners Vinci and St Modwen, the transformation of the 57-acre site will take 10 years to complete.

The project includes development of 550,000 sq ft of modern facilities to house the 200 businesses that make up the UK’s largest fruit, vegetable and flower market.

Over 3,000 new homes and 135,000 sq ft of new office space and 100,000 sq ft of retail and leisure will be built, much of which be situated on a separate site joined by a 1km linear park.