New public area planned for Borough Market
London's Borough Market is set to get an extension, which could provide a boost to the property market in the area.
Plans for the facelift include a number of new shops and a public area. They have been submitted by Borough-based architects Greig and Stephenson, which plans to create an office, retail and residential area opposite the market.
It is thought that the new facilities would be accessed via a pedestrian route and would reduce congestion in the area, increasing its appeal for people looking to rent property.
"A key issue at present is freeing up more space so the large weekend crowds can be more dispersed," Ken Greig, director at Greig and Stephenson, told Property Week.
A number of under-used buildings are also expected to get a facelift when they are turned into bars and restaurants.
The Hop Exchange is expected to become a glass-roofed atrium including restaurants, bars and retail units.
Borough Market is London's oldest food market and has been on the present site for 250 years.
Published 9th July, 2008
© 2008 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
London's Borough Market is set to get an extension, which could provide a boost to the property market in the area.