Time Out Market to open global flagship in London's West End

The Crown Estate has today announced that Time Out Market will open its first UK location at 55 Regent Street, part of its landmark 10 Piccadilly development in the heart of London's West End. The announcement further demonstrates Regent Street’s status as one of the world's leading destinations for hospitality, retail and culture, with Time Out investing a seven-figure investment. 

Opening in the first half of 2028, Time Out Market London will span over 26,400 sq ft across three floors, bringing together a carefully curated collection of around 15 restaurants, bars and food businesses, showcasing a mix of established favourites and emerging talent. 

Since launching the first Market in Lisbon in 2014, Time Out Market has grown to thirteen locations across nine countries, becoming one of the world’s leading food and cultural Market brands. Its first UK Market will bring the concept to the city where Time Out was founded in 1968, creating a major new dining and cultural destination in the West End. 

Today’s announcement follows the unveiling of the latest phase of the largest development pipeline in The Crown Estate’s history – including the landmark 10 Piccadilly – as it continues to invest in its portfolio across Regent Street and St James’s, delivering revitalised office, hospitality and retail space into the West End. Originally home to the Swan & Edgar department store and later Tower Records in the 1980s, the Grade II listed building is being reimagined by The Crown Estate. Alongside Time Out Market, the scheme will deliver 62,700 sq ft of prime office space and 1,700 sq ft of retail space. 

Time Out Market’s decision to choose the West End for its UK debut underlines the enduring appeal of Regent Street and Piccadilly as one of the world's leading destinations for international retail, hospitality and leisure brands. For The Crown Estate, its arrival marks an important moment in the continued evolution of the area, adding a major hospitality destination alongside its leading shopping, workplace and leisure offer. 

 Sarah McLaren, Hospitality and Leisure Director at The Crown Estate, said: “As one of the world’s leading curators of food and cultural concepts, Time Out Market will bring the ‘best of the city’ under one roof welcoming some of the most exciting and emerging hospitality and cultural partners. 

"This new global flagship at the gateway to Regent Street will create opportunities for innovative operators to grow and thrive. This has always been central to our approach, and Time Out Market provides a fantastic platform to showcase new talent to a global audience. With Regent Street’s international profile and diverse food and beverage offer, this is a natural fit that will further strengthen its appeal as a world-class destination where people come to discover, experience and enjoy the very best of London." 

Charles Owen, Head of Regent Street at The Crown Estate, said: “We’re proud to welcome the UK's first Time Out Market to Regent Street as the brand’s global flagship. It is a significant addition to one of the world's most recognised retail and lifestyle destinations. It reflects the area's continued appeal to innovative international brands and demonstrates our long-term commitment to investing in Regent Street, curating a diverse mix of experiences that attract visitors, workers and residents alike. 

“Set within this carefully restored historic building, Time Out Market will introduce an exciting new food and drink destination in the heart of London's West End. As significant investment and development continue to take shape across the area, it will further strengthen Regent Street's hospitality offer, helping to drive footfall, broaden the destination's appeal and meet growing demand from the millions of people who visit, live and work here each year.” 

Chris Ohlund, CEO of Time Out Group plc, said: "Securing this partnership with The Crown Estate to create our global flagship in the heart of Piccadilly Circus is one of the most significant milestones in Time Out's nearly 60-year history. Bringing the globally recognised Time Out Market concept home to London is both a celebration of where we began and a statement of where we are going. 

“London is one of the world's greatest cities for food and culture, and there is no better location than Piccadilly Circus to showcase everything that makes it extraordinary. Together with The Crown Estate, we are creating a destination that will celebrate London's best chefs, restaurateurs, artists and creators while welcoming millions of Londoners and visitors every year. 

“As our global flagship, Time Out Market London will also become the blueprint for the next generation of Time Out Markets, bringing together hospitality, culture, media, sponsorship and live experiences in a way that only Time Out can deliver."