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St Modwen to develop New Covent Garden

A venture jointly-owned by the regeneration specialist has been chosen to rebuild a prominent 57-acre south London site.
April 11, 2012

Regeneration specialist St Modwen is one of the two joint venture partners chosen to redevelop the New Covent Garden Market near Vauxhall in south London.

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This highly complex project has a gross value of about £2bn, and involves rebuilding the market on 37 acres of the 57-acre site and building houses on the rest over five years, all the while ensuring the market remains operational.