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Shipyard & Markets: London's Albert Island Redevelopment

Shipyard & Markets: London's Albert Island Redevelopment

Update: 2025-12-15
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Momentous Week for East Londons Royal Docks: New Plans for Shipyard and Food MarketsA significant development unfolds in East Londons Royal Docks, where the plan to build a new shipyard remains a priority despite new proposals to relocate two large food markets to the same spot. City Hall confirms the shift, with Smithfield and Billingsgate markets potentially moving to Albert Island, a site already approved for major redevelopment.The original redevelopment plans for Albert Island included the first shipyard on the River Thames in over a century. However, these plans did not feature any wholesale food markets. Officials acknowledge that the decision to move the markets to Albert Island necessitates changes to the previously approved scheme.The situation presents a challenge, as Newham Council granted planning permission for the original regeneration project, including the shipyard, in March 2023. The approved plan featured a leisure marina, an education center, community facilities, shops, and sixteen new homes, but no large food markets.The City of London Corporation, which manages both Smithfield and Billingsgate markets, intends to move them to Albert Island. A spokesperson for the Greater London Authority confirms that the plans will be altered to accommodate the markets. The revised scheme will then require a new round of planning approval from Newham Council.Newhams Mayor, Rokhsana Fiaz, hails the market announcement as a momentous week for the borough, suggesting it could bring in £750 million and create over 2,200 jobs. Despite the changes, the core idea of a comprehensive redevelopment and job creation for the area remains firmly in place.

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Shipyard & Markets: London's Albert Island Redevelopment

Shipyard & Markets: London's Albert Island Redevelopment