The £300m retail-led regeneration includes the redevelopment of former wine-tasting venue Vinopolis and neighbouring sites, which front onto the paths linking the Tate Modern to the west with Borough Market, London Bridge Station and The Shard.
Designed by architect SPPARC, the development is set to feature five mixed-use buildings for restaurants and bars, shops, a gallery and offices. It will also have a cinema on the site, with Everyman Cinema named as the first tenant to sign up to the development, according to developer Meyer Bergman
Besides offices, Borough Yards will provide more than 115,600sq ft of retail and leisure space.
Property consultancy Distrkt, which was launched earlier this year, has been appointed to secure all of the food and beverage and leisure operators for the development.
Borough Yards sees the continuation of large-scale redevelopment across London, with the creation of modern retail and leisure developments. In October, Coal Drops Yard opened in King’s Cross and features nine restaurant and bars, including Hart Group’s Barrafina and Casa Pastor, Pip Lacey’s Hicce, Coal Office and Le Chocolat Alain Ducasse.