The Nine Elms area of Battersea in south-west London will be part of a new regeneration plan. Announced in November 2014, the 57-acre project will be developed by a consortium that includes St Modwen Properties, construction firm Vinci and the Covent Garden Market Authority. At the heart of the regeneration plan will be the refurbishment of New Covent Garden. Set to begin construction in spring 2015, the project will include new housing and office space as well as recreation and leisure facilities.
The proposal calls for the redevelopment of New Covent Garden, which has received planning permission for an extensive facelift. Since 1974, the publicly-owned market has been an important centre for fruit, vegetable and flower sales. New Covent Garden is the United Kingdom’s largest wholesale fruit, vegetable and flower market and one of Britain’s largest wholesale markets. Located between Vauxhall and Battersea, the market serves many of London’s restaurants, hotels, florists and catering businesses as well as hospitals, schools and prisons.