£160m makeover at Smithfield

 
p50 Smithfield biz image 12.11.12
12 October 2012

The latest attempt to overhaul part of London’s historic Smithfield Market took shape today as Australian fund manager Henderson unveiled £160 million plans for the western edge of the site.

Henderson’s proposals would see the fish market, general market and Red House buildings, all more than a century old, make way for restaurants, retailers and office buildings while retaining and restoring most of the original perimeter walls. A new piazza will be created in the general market.

Henderson’s plans for the site have been worked up for the past two years, following the rejection of an earlier scheme by developer Thornfield in 2008. This involved flattening the buildings, triggering howls of protest from English Heritage.

Henderson, which picked up the scheme when Thornfield went into administration in 2010, intends to be more sensitive in its approach.

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