The present Smithfield Market, a Grade II listed–covered market building, was designed by Victorian architect Sir Horace Jones in the second half of the 19th century, and is the dominant architectural feature of the area. Some of its original market premises fell into disuse in the late 20th century and faced the prospect of demolition. The Corporation of London‘s public enquiry in 2012 drew widespread support for an urban regeneration plan intent upon preserving Smithfield’s historical identity.
Smithfield is the City of London’s only major wholesale market (Leadenhall Market nowadays attracts more tourist trade) which has escaped relocation out of central London to cheaper land, better transport links, and more modern facilities. (Covent Garden, Spitalfields and Billingsgate have all relocated). The market operates to supply inner City butchers, shops and restaurants with quality fresh meat, and so its main trading hours are 4:00 a.m. to 12:00 noon each weekday. Instead of moving away, Smithfield Market continues to modernise its existing site: its imposing Victorian buildings have had access points added for the loading and unloading of lorries.
The buildings stand above a warren of tunnels: previously, live animals were brought to market by hoof (from the mid-19th century onwards they arrived by rail) and were slaughtered on site. The former railway tunnels are now used for storage, parking and as basements. An impressive cobbled ramp spirals down around West Smithfield’s public garden, on the south side of the market, providing access to part of this area. Some of the buildings on Charterhouse Street on Smithfield’s north side maintain access to the tunnels via their basements.
Some of the former meat market buildings have now changed use. For example, the former Central Cold Store, on Charterhouse Street is now, most unusually, a city centre cogenerationpower station operated by Citigen. The Metropolitan Cold Stores was converted in 1999 into the nightclub Fabric and the ‘Smiths’ of Smithfield bars and restaurants.
Smithfield comprises the market as its central feature, surrounded by many old buildings on three sides and a public open space (or Rotunda Garden) at West Smithfield, beneath which there is a public car park. The south side is occupied by St Bartholomew’s Hospital (known as Barts in common parlance), and on the east side by the Priory Church of St Bartholomew the Great. The Church of St Bartholomew the Less is located next to the King Henry VIII Gate, the hospital’s main entrance.
The north and south of the square are now closed to through traffic, as part of the City’s security and surveillance cordon known as the Ring of steel. Security for the market is provided by its market constabulary.