Time Out Market to open in former Eurostar terminal in London Waterloo station

Time Out Group has revealed plans to open a new market in London's Waterloo station.

Time Out Market London will have restaurants, bars and “cultural experiences” hand picked by the British media company from across the capital.

Occupying 32,500 square feet over two floors in the former Eurostar terminal, the market is expected to open in 2021. It will lead part of a major £200m retail and leisure development of London's busiest station from developer LCR.

With around 500 seats, it plans to host 17 acclaimed London chefs and restaurateurs serving all kinds of cuisines, plus three bars and a space for cultural experiences showcasing the best London talent.

The first Time Out Market opened in Lisbon in 2014 and there are plans for markets in major cities across the globe. Next year, Time Out Markets are set to open in Miami, New York, Boston, Chicago and Montreal.

Julio Bruno, chief executive of Time Out, said: “London was the birthplace of Time Out in 1968 so it is a true milestone to bring Time Out Market to our city and in such a fantastic location.”

He added: “As Time Out has transformed into a global media and entertainment business one thing hasn’t changed: our high-quality professional content about the best things to do in the city remains at the heart of everything we do. This allows us to successfully diversify our iconic brand across digital and physical channels with Time Out Market playing an important role in driving further growth.”

Planning permission is in place but Time Out is currently awaiting a licence approval. The company is also looking to open in east London and is pursuing planning consent for a market in Spitalfields.