Update: Mayor meets Ridley Road Shopping Village owners

Hackney Town Hall

Update on Ridley Road Shopping Village

The Mayor of Hackney, Philip Glanville, and Cabinet Member for Planning, Business and Investment, Cllr Guy Nicholson, along with council officers, met with representatives from Rainbow Properties Ltd, the owners of Ridley Road Shopping Village, on Monday 29 October.

Mayor Glanville said: "Our meeting with Rainbow Properties was positive and they reassured us that, now they have taken over management of the Shopping Village from the management company who have given up their lease, they will be addressing some the community safety concerns, honour traders' leases and that similar, affordable provision will be included in their planning application.

"At the meeting we made clear our expectations that the renovation of the Shopping Village should benefit existing traders and local residents, and we look forward to them submitting a revised planning application soon. While this work continues, Rainbow Properties have confirmed that traders will be able to stay well into next year, with the potential to secure a longer term lease in the renovated building. We look forward to them sharing a clear, long term plan that provides stability and reassurance for the traders who are still understandably feeling anxious about the future.

"Ridley Road Shopping Village is an important part of not only the wider market but Dalston itself. We’ve already started a conversation with the Dalston community about how we can manage the changes taking place - with pledges to champion existing businesses, protect Ridley Road Market and secure affordable workspace, especially in existing and emerging planning policy. The threatened closure of Ridley Road Shopping Village shows why we need to hear the voices and views of everyone who lives, works and visits Dalston so that we can continue developing a plan that puts the local community’s priorities first."

To take part in the Dalston Conversation visit https://dalstonconversation.commonplace.is/

Guy Ziser, of Rainbow Properties Ltd, said:"I would like to thank the Mayor for his interest in this project. I'm pleased to say that we have now taken full control of the Ridley Road Shopping Village and that the indoor market has remained open. We will ensure that the future of the building has both existing and new traders at its heart.”