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Today, the Smithfield region is dominated by an imposing, Grade II listed covered market designed in the second half of the 19th century by Victorian architect Sir Horace Jones. Several of the areas original market buildings were abandoned for decades and became the subject of a threat of demolition. Fortunately they were saved as the result of a public inquiry and will form part of new urban development plan aimed at preserving the historical identity of this area.
Smithfield, commonly known as West Smithfield, is a locale of the City of London, in the constituency of Farringdon Without. It is situated in the north-west part of the City of London, and is predominantly known for its centuries-old meat market, the last surviving historical wholesale market in Central London. Smithfield has a blood-stained history of executions of heretics and political opponents, including major some of the most significant historical figures such as Scottish patriot William Wallace, Wat Tyler the leader of the Peasants' Revolt and a long series of religious reformers and dissenters.
Smithfield is the last remaining great London market not to have moved out of central London for cheaper land, better transport links and more modern premises. The purpose of the market is to supply inner city butchers, shops and restaurants with fresh produce for the coming day. Instead of relocating, Smithfield market has received a face-lift and been thoroughly modernised on its existing site. Comprising of imposing Victorian buildings, additional access points have been added for the loading and unloading of Lorries. The buildings stand on top of a warren of tunnels: previously, live animals were brought to the market on the hoof and were slaughtered on site. The former railway tunnels are now used for storage, parking and as basement accommodation for the traders.
Some of the former meat market buildings have now been allocated for other uses. For example, the former Central Cold Store, in Charterhouse Street is now, most unusually, a city centre cogeneration power station operated by Citigen. Another former cold store now houses the night club Fabric.
Part of Smithfield is still open space, a central paradise within the hum drum of working London, consisting of a large square with the market on one side and mostly older buildings on the other three. A public park is at the centre. The south side is occupied by St Bartholomew's Hospital, and part of the east side is located by the church of St Bartholomew the Great. The north and south of the square is now closed to through traffic, as a part of the City's security and surveillance cordon known as the Ring of steel.