Under the scheme the ground floor of the former market, the Red House buildings and the old engine house will be redeveloped into restaurants and shops as well as a two-part piazza. Most of the market's Victorian perimeter will be retained and restored.
Six floors of office space will be built in the current storage space that sits between the Red House and the old Fish Market and the ground floor of the Annex building will have shops and restaurants.
The proposals had been subject to objections from a number of bodies, including campaign group SAVE Britain's Heritage which unveiled alternative plans for the market in November last year following the publication of Henderson's proposals the previous month.
In April this year, conservation body English Heritage wrote to the City of London expressing its support for the proposals which Henderson had submitted in February.
“We’ve spent more than two and a half years working and consulting with English Heritage, City of London planners and local residents and stakeholders to design a scheme that meets the needs of a growing City, while at the same time appreciating the heritage that has shaped it," said Henderson director of property development Geoff Harris according to reports.
“The scheme will bring active and vibrant uses back to Smithfield and provide a valuable retail and restaurant offer to local residents and workers," he added.
