Planning Consent for Rathbone Market Phase 2
English Cities Fund, a joint venture between Muse Developments, Legal & General Property and the Homes & Communities Agency, and developer of Canning Town’s Rathbone Market scheme, has secured a detailed planning consent to take the development into its second phase.
Rathbone Market’s redevelopment already had outline planning consent which fixed the masterplanning parameters.
Phase Two will comprise two new public squares, one of which will form the attractive new open market square - the centrepiece of the finished Rathbone Market scheme - and will also feature purpose built facilities for the market traders. This phase will also see the delivery of 165 new homes - 42 of which will be affordable, a brand new 10,000 sq ft public library and community centre and 12,000 sq ft of ground floor retail space.
The works for Phase Two will mean the market will be temporarily relocated along Barking Road and will also see the demolition of Thomas North Terrace, residents of which have been offered new homes within Phase One of the development.
Duncan Cumberland, project director for ECf said: “We’re pleased to be able to move forward with the redevelopment of Rathbone Market. Phase Two will bring significant positive changes to the community of Canning Town - a brand new library and community centre, as well as the new market square which will be a focal point for the whole development.”
Adam West, a partner with CZWG architects which also designed Phase One of Rathbone Market, said: “It is particularly exciting to be able to secure consent for the proposed new market square. In combination with the rest of the public realm coming forward with this phase, and a new library - it will make a real difference to the enjoyment of the local environment.”
ECf is the first developer to begin works within the Canning Town & Custom House regeneration masterplan. The Rathbone Market redevelopment is being carried out in partnership with the London Borough of Newham.
Newham Council's Cllr Conor McAuley, Executive Member for Regeneration and Strategic Planning, said: "The Rathbone Market development is at the heart of the regeneration in Canning Town & Custom House. Anyone visiting Canning Town cannot fail to notice the changes being made with the towering Vermilion building already making an impact on the skyline.
“We will continue to engage residents as we start looking at Phase Two, and ensure they continue to have a say in how the area is shaped. This is an exciting time for E16 both for new and existing residents and I’m looking forward to seeing the development progress.”