Camden set for new mixed-use development

Camden set for new mixed-use development

Camden is set to welcome a new mixed-use development in the summer of 2019.

The 580,000 sq ft canal-side scheme, Hawley Wharf Camden, is being led by LabTech, the property investment and technology company that owns Camden Markets, and is being marketed by Colliers International for the retail and food and beverage units.

It will be bordered by Chalk Farm Road to the west and Regent’s Canal to the east, with frontage on Camden High Street, and making use of the area’s railway arches.

The development will be home to 150 independent and branded stores, over 60 new bars and restaurants, 195 apartments and 60,000 sq ft of Labs co-working space. There will also be the largest farmer’s market in north London, a 12,000 sq ft fitness concept and 100 food stalls.

A 24,000 sq ft basement will also provide an opportunity for a new entertainment and leisure concept.

The development will create more than 1,000 new jobs and is expected to increase visitor numbers to Camden from 30m per year to 50m by 2020.

“We are very proud to be the first single owner of several key sites in Camden,” says LabTech commercial director Tomer Bercoviz. “With this ownership comes a clear vision for Hawley Wharf and our other developments – to retain the character of Camden Town while improving the offering for all, especially those who come to shop, explore, eat and drink as well as live and work.

“Hawley Wharf Camden is vital to this mix because its canal-side space draws on Camden’s rich heritage as one of London’s most popular tourist destinations, whilst providing a distinct offer and atmosphere of its own. It is about both shaping the future for Camden Town and respecting its past. We look forward to progressing the development and continuing our work with the local council to deliver this for our retailers, visitors and local community.”