Key milestone delivered as phase one of the new Fruit & Vegetable Market at New Covent Garden Market is completed on schedule and handed over.
Redevelopment works on the landmark project continue to advance with VINCI St. Modwen (VSM), the 50/50 joint venture between St. Modwen Properties PLC and VINCI PLC, having delivered to its partner, Covent Garden Market Authority (CGMA), the completed 69,300 sq ft (6,438 sq m) Phase One of the new Fruit & Vegetable Market on schedule.
The two new buildings are designed to house 18 market wholesale businesses in state-of-the-art facilities and form the first sections of the new western and central blocks of the market. Work on the second phase is scheduled to begin in 2020.
These works by VSM in partnership with CGMA are part of the wider delivery of the redevelopment of New Covent Garden Market, a multi-phased project and the largest scheme in the Nine Elms opportunity area on the south bank of the River Thames.
Rob Williams, Senior Director of Construction at St. Modwen, said:
“This is a complex project and congratulations to the team on site and VINCI for delivering this high-quality environment on time and ensuring the market continues to trade throughout. We look forward to the next phases and continuing our partnership with the Covent Garden Market Authority. ”
Tony O’Reilly, Project Director at the Covent Garden Market Authority, said:
“It is the result of strong partnerships and effective teamwork that this first phase of the redevelopment of the Fruit and Vegetable Market has been delivered. We look forward to continuing to work with our partners to build a market fit for the 21st century.”
Find out more about the regeneration of New Covent Garden Market, here: http://www.newcoventgardensites.com/market/