Britain’s biggest wholesale market, New Covent Garden, is to be redeveloped to create thousands of homes BRITAIN’S biggest wholesale market, New Covent Garden, is to be redeveloped to create thousands of homes.The fruit, vegetable and flower market in Vauxhall, south London, is part of the Nine Elms regeneration zone, where 18,000 homes are being built in the coming decade.The 57-acre site opened in 1974, with traders moving from the historic Covent Garden area near the Strand in central London. It supplies 40% of London restaurants’ and retail markets’ produce, and three-quarters of all fresh flowers in the capital pass through the market.On Wednesday night, Wandsworth Council granted permission for a consortium comprising St Modwen Properties, Vinci plc and the Covent Garden Market Authority to redevelop the plot, creating 3,000 homes and new market buildings, as well as offices, shops and restaurants.Bill Oliver, St Modwen CE and the chairman of the joint venture company VINCI St...
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