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Interesting to also see that Billingsgate has also moved from Canary Wharf as well, also opening up a large amount of lucrative land adjacent to yet another Eli
by DrBazza 4y ago
Interesting to also see that Billingsgate has also moved from Canary Wharf as well, also opening up a large amount of lucrative land adjacent to yet another Elizabeth Line station. I had to search for 'what', and it seems 'houses', which given the location will likely be multi-storey apartment blocks starting around 4-500k I would have thought.
For those non-UK readers, Smithfield is the meat market, Billingsgate is the fish market, both of which were in central London many decades ago. Billingsgate ('v2') has moved once already to Canary Wharf, the second part of London's financial district. The Elizabeth Line has been built, partly, to connect Canary Wharf, a privately owned estate in Tower Hamlets (a London borough), to the City of London (a London borough).
The City of London owns the current Billingsgate site (v2, if you will), adjacent to Canary Wharf estate. There's been a bit of competition, friction, jockeying, whatever, between Canary Wharf and the City of London over the years, so this the City of London getting a toe-hold in the area.
The Elizabeth Line looks like it's going to be a huge driver for future London development.
- martinald 4y agoNot just apartments. There's a lot of office space and most interestingly a 23 story life sciences tower, with it being entirely lab space (there is an enormous shortage of high quality lab space in the UK): https://www.bdonline.co.uk/news/kpf-submits-plans-for-23-storey-canary-wharf-life-sciences-building/5120915.article https://www.bdonline.co.uk/news/kpf-submits-plans-for-23-sto...
- zeristor 4y agoSpitalfields (Fruit and Vegetable) market had moved to Stratford, Billingsgate (Fish) had moved from near Monument to Canary Wharf. As I understand it Spitalfields, Billingsgate, and Smithfield (Meat) are all moving out to Barking to a purpose built market. https://news.cityoflondon.gov.uk/wholesale-markets-relocation-to-bring-thousands-of-jobs-to-barking-and-dagenham/ https://news.cityoflondon.gov.uk/wholesale-markets-relocatio...
- deleted 4y ago[deleted]