Food hall to stay open in 2026 despite homes plan

A small number of traders will be rehoused in a temporary nearby location while the scheme is under construction

A south London food hall that is due to make way for new homes will remain open until late 2026, according to the Local Democracy Reporting Service (LDRS).

Mercato Metropolitano, which has operated from a former paper-making factory in Elephant & Castle for nine years, is to be demolished after plans for the Borough Triangle development were approved by Southwark councillors in March.

The housing scheme will see almost 900 homes built in tower blocks up to 44 storeys high.

A spokesperson for the market, which has 40 independent traders, said “despite recent incorrect speculation” the market remained open, adding that it had “lots more exciting things to look forward to” next year.

The LDRS understands the market will continue trading as usual throughout next year, and further announcements about the site’s future are expected early next year.

Berkeley Homes, which won approval to develop the site, previously said there would be an opportunity for up to 12 traders to relocate to a temporary nearby location while the scheme is under construction.

According to Southwark Council planning documents, Berkeley Homes has committed to providing the remaining stall holders with a relocation package.

The proposals also include a new office block, flexible café or retail space and a new community centre which is expected to be occupied by a Latin American group. The project would also deliver 1,780 square metres of public space.

The development will include 35% affordable housing, in line with the council’s policy.