The City of London Corporation has confirmed that the Court of Common Council – the City Corporation’s principal decision-making body – has voted to deposit a private bill in Parliament later this month to seek approval for Chetwoods’ £1bn scheme to relocate Billingsgate and Smithfield wholesale markets to Dagenham Dock in Barking and Dagenham

The project will regenerate 42 acres of industrial land into a modern, sustainable wholesale food market, stimulating the local economy and ensuring resilience in the food supply of London and the South East.

Philip Stanway, Director at Chetwoods says “We are delighted that the plans to relocate London’s historic wholesale markets to a single combined site in Dagenham will go to Parliament for final sign off later this month. The scheme was given planning approval last year and is expected to open between 2027 and 2028.”

“I’m delighted we’ve reached this next milestone for the relocation of the world-famous wholesale markets to the borough. London is moving east, delivering huge opportunities, like this, for new jobs and hundreds of millions of pounds of investment into the local economy.” Darren Rodwell, Leader of Barking and Dagenham Council.

“Our investment in delivering modern, environmentally-sustainable wholesale markets in Barking and Dagenham will boost the economy across east London, supporting jobs, skills and training.” Chris Hayward, Chairman of the City Corporation’s Policy and Resources Committee.

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