Editing Covent Garden (section)

==Economy==
[[File:Nealsyarddairy1.jpg|thumb|upright|[[Neal's Yard Dairy]], a well-known cheese shop]]

Covent Garden Market reopened in 1980 as a shopping arcade with restaurants and a pub.<ref>{{cite book |url=https://books.google.com/books?id=s9dsBQAAQBAJ&pg=PA107 |page=107 |author=Alan C. Parnell |title=Building Legislation and Historic Buildings |publisher=Elsevier |date=30 Aug 2013 |isbn=9781483141497 |access-date=23 September 2020 |archive-date=3 January 2021 |archive-url=https://web.archive.org/web/20210103175459/https://books.google.com/books?id=s9dsBQAAQBAJ&pg=PA107 |url-status= live}}</ref> The central hall has shops, cafes and bars alongside the Apple Market stalls selling antiques, jewellery, clothing and gifts; there are additional casual stalls in the Jubilee Hall Market on the south side of the square.<ref name = frommer>{{cite book |url=https://books.google.com/books?id=AYT82eXH1l0C&pg=PA215 |title=Frommer's England 2011 |page=215 |author1=Darwin Porter |author2=Danforth Prince |publisher=Frommer's |year=2010 |isbn=978-0-470-64176-7 |access-date=25 October 2015 |archive-date= 29 July 2020 |archive-url=https://web.archive.org/web/20200729183933/https://books.google.com/books?id=AYT82eXH1l0C&pg=PA215 |url-status=live}}</ref> In 2010, what was then the largest [[Apple Store]] in the world opened in The Piazza.<ref>{{cite news |url=https://www.theguardian.com/uk/2010/aug/05/apple-london-biggest-store |title=Apple chooses London to open its biggest store in the world |newspaper=The Guardian |access-date=7 August 2010 |author=Jemima Kiss |date=5 August 2010 |archive-date=2 January 2014 |archive-url=https://web.archive.org/web/20140102051953/http://www.theguardian.com/uk/2010/aug/05/apple-london-biggest-store |url-status=live}}</ref> Long Acre has clothes shops and boutiques, and Neal Street is noted for its numerous shoe shops. London Transport Museum and the side entrance to the Royal Opera House box office and other facilities are also located on the square. During the late 1970s and 1980s the ''Rock Garden'' music venue was popular with up-and-coming [[punk rock]] and [[new wave music|new wave]] artists.<ref>{{cite book |url=https://archive.org/details/peteframesrockin0000fram |url-access= registration |title=Pete Frame's rockin' around Britain: rock'n'roll landmarks of the UK and Ireland |year=1999 |page=[https://archive.org/details/peteframesrockin0000fram/page/122 122] |author=Pete Frame |author-link=Pete Frame |publisher=Omnibus |isbn=0-7119-6973-6}}</ref>

[[File:Covent Garden Market 2011.jpg|thumb|Covent Garden Market Hall in 2011]]

The market halls and several other buildings in Covent Garden were bought by Capital & Counties Properties (now known as [[Shaftesbury Capital]]) in partnership with [[GE Real Estate]] in August 2006 for £421&nbsp;million, on a 150-year [[head lease]].<ref name="propertyweek">{{cite web |author=Laura Chesters |title=Covent Garden, Selfridges style |publisher=Property Week |url=http://www.propertyweek.com/story.asp?storycode=3099054 |date=2 November 2007 |access-date=31 March 2008 |archive-date=18 April 2012 |archive-url=https://web.archive.org/web/20120418225727/http://www.propertyweek.com/news/covent-garden-selfridges-style/3099054.article |url-status=live}}</ref> The buildings are let to the Covent Garden Area Trust, who pay an annual [[peppercorn (legal)|peppercorn rent]] of one red apple and a posy of flowers for each head lease, and the Trust protects the property from being redeveloped.<ref>{{cite web |author=Molly Dover |url=http://www.propertyweek.com/capital-and-counties-jv-wins-covent-garden/3071263.article |title=Capital & Counties JV wins Covent Garden |publisher=Property Week |access-date=5 August 2010 |date=28 July 2006 |archive-date=29 March 2012 |archive-url=https://web.archive.org/web/20120329043929/http://www.propertyweek.com/capital-and-counties-jv-wins-covent-garden/3071263.article |url-status=live}}</ref> In March 2007 CapCo also acquired the shops located under the Royal Opera House.<ref>{{cite web |title=CapCo grows in Covent Garden |publisher=Shopping centre |url=http://www.shopping-centre.co.uk/news/fullstory.php/aid/1783/CapCo_grows_in_Covent_Garden.html |date=26 March 2007 |access-date=31 March 2008 |url-status=dead |archive-url=https://web.archive.org/web/20071216015647/http://www.shopping-centre.co.uk/news/fullstory.php/aid/1783/CapCo_grows_in_Covent_Garden.html |archive-date=16 December 2007}}</ref> The complete Covent Garden Estate owned by CapCo consists of {{convert|550000|sqft|m2|abbr=on}}, and, as of 2007, has a market value of £650&nbsp;million.<ref name="propertyweek" /> {{update inline|date=August 2023}}