Plans by Hopkins Architects to revamp Greenwich Market in London look set to be approved next week by Greenwich Council.
The new design features a fabric canopy roof, a 100-bed boutique hotel, a pedestrian link between the market and King William Walk and small retail units replacing the historic market building.
The critics of the regeneration scheme have opted for plans for a modern covered market with shops and a hotel, calling for the original market to be protected.
The Hopkins regeneration plan is supported by English Heritage and UNESCO and has was officially put forward by Greenwich Hospital, the charity that owns the site.
The new Greenwich Market is scheduled to be complete by 2012, in time for the Olympic Games.