The undercrofts under Waterloo Bridge, currently dark and uninviting, are set for transformation as Lambeth Council leases the space to Thrale Investments. The plan includes a vibrant food market with bars and event spaces, capable of accommodating 1,200 people. Expected phased opening starts Christmas 2025 and lasting for at least a decade. This initiative aims to improve the cultural vibe in Waterloo, providing better lighting and signage in the area to reduce anti-social behavior, making it more welcoming for both residents and visitors.
The underpasses beneath Waterloo Bridge will soon transform from dark, smelly pathways into a vibrant food market, revitalizing the area and enhancing public experience.
Councillor Marcia Cameron emphasized that improving underused areas like the undercrofts will create cultural spaces and bolster Waterloo's late-night economy.
Thrale Investments, known for successful projects in Hackney, will develop the space into a food market capable of accommodating 1,200 visitors by Christmas 2025.
The upcoming changes promise better lighting and signage to reduce anti-social behavior at night and create a more welcoming ambiance for residents and visitors.
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