A proposal to return Leicester Market to its original site and create a major new event space around it is to proceed to the next stage.
City Mayor Peter Soulsby met with market trader representatives yesterday (Thursday 13 February) to advise them that he intends to move forward with the scheme, creating a food-focused market next to the existing Food Hall, together with a versatile space that would become a focal point for outdoor events in the city.
Final designs, new planning applications and detailed costs will now be drawn up, prior to a formal decision being taken. Subject to planning permission, work could start on site this summer – and market traders could be operating from the new market building by the end of 2026.
“This proposal would give Leicester Market a fresh start and a sustainable future – and would give the traders what they wanted: a return to the site where they’ve stood for generations,” said the City Mayor.
“But it’s also a once-in-a-generation opportunity to reopen the market place as a wonderful flexible space – as it was for hundreds of years.
“The scale of the space, and the quality of the surrounding architecture, make it a very special site and my hope is that our investment in this scheme will act as a catalyst for the regeneration of the wider area.”
The proposal to create a new market building, housing 48 stalls that could be fully dismantled if necessary, and a new event space for Leicester was welcomed by most of those who took part in a formal consultation last year.
More than 1,600 (1,667) people gave their views in the online consultation, which was launched in October and ran for six weeks.
Of those responding, 60% (1,008) supported the proposal, 38% (639) did not, and a further 20 respondents did not express a preference.
“I’m grateful to everyone who took part in the consultation, as their views showed there’s support for the proposal,” said the City Mayor.
“My focus now is on progressing this scheme, ahead of a formal decision. Our project team will now be developing the designs and preparing the planning applications, with a view to getting this important site redeveloped and open for business as quickly as possible.”
A planning application for the new square is due to be submitted next month (March), with plans for the new building expected to be submitted in July.
