The space, dubbed Shoreditch Market, is housed in a Victorian stable building opposite Old Spitalfields Market and will span more than 19,000sqft. It will host 17 restaurants, a cooking academy, four bars, a shop and an art gallery, with everything picked out, tested and tasted by Time Out.
The move follows the success of a similar venture in Portugal, where Time Out opened its first market in Lisbon in 2014. Since then, the enterprise has gone from strength to strength, with Time Out saying it is one of the most popular spots in the Portuguese capital, receiving two million visits a year.
The London operation is intended to become Time Out's flagship market, with the aim to inspire visitors to try new experiences, uncover new art and entertainment and get a real taste of the capital city, all based on editorial curation.
Time Out reports that it has also signed a lease to open a market in Porto, Portugal's second city. Markets in New York and Miami are on the cards, too, as the company targets America as part of its ongoing growth strategy.
Bombay Sapphire teamed up with Time Out this year to present a series of lectures by some of London's most enlightened citizens, alongside gin masterclasses.
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