Our proposal is to create a thriving town centre, keeping the best of what’s here while providing an improved retail offering, more affordable homes, more services and amenities and a greater focus on Chrisp Street's heritage.

In July 2018, Tower Hamlets unanimously approved our regeneration plans for Chrisp Street Market. With Telford Homes, we’re building 649 new homes, a new market and retail space.

Works are currently taking place on site and are expected to be completed in early 2027.

Features of the scheme include:

New homes

  • 649 new homes: 163 social rent, 37 shared ownership and 443 private sale
  • 35% increase in affordable homes, from 124 to 200
  • The sale of the private sale homes will help fund the regeneration works.


  • New cinema and restaurants
  • Two pocket parks
  • New Sure Start centre
  • New large community hub
  • Extended Idea Store
  • Restored and accessible Festival of Britain clock tower


  • Refurbishing current shops, building new and providing a larger market with new stalls and a new market canopy.
  • Supporting current traders to remain in the market, with no rent increases for shops during the refurbishment works and for 12 months afterwards. There will then be stepped increases based on affordability – with concessions available for up to a further 5 years.
  • Encouraging a mix of independent retailers, a new supermarket and some high street names.

Compulsory Purchase Order

The London Borough of Tower Hamlets Council has made a Compulsory Purchase Order (CPO), which will now be submitted to the Secretary of State for their consideration. For the full documentation, please view the council website here.

CPO Frequently Asked Questions provided by London Borough of Tower Hamlets Council

“My family’s lived here overlooking the market for the last 40 odd years. We’ve seen the market from the heydays to what it is right now. It needs investment, we need development; the entire area needs to change. By the time the development is over, [HARCA] will have a lot more [properties] for local people.”

Local resident

3 5

35% increase in affordable homes

Thriving town centre with cinema & restuarants

Support & opportunities for new & existing businesses

Focus on heritage

New Sure Start centre & extended Idea Store

2 new pocket parks

Project Timeline

Design & Consultation

We are having conversations with local residents, businesses and the wider community to get their feedback, and initial designs ideas are being developed.

In Planning

A planning application has been submitted to the local authority to decide whether the scheme can go ahead.

Planning Approved

The planning application for this scheme has been approved by the local authority.


Contractors and design teams are being selected.

On Site

Works are in progress.


Works are complete.