The opinions collected from the public engagement exercise were consolidated and issued as part of the requirements on how Central Market should be operated in the future. After a rigorous selection process, the URA has recently chosen Chinachem Group to manage and operate the city’s Central Market revitalization project for a term of ten years. By enhancing the building’s historical heritage to enshrine it in collective memory, Chinachem Group aims to create a cultural corridor between old and new neighbourhoods and evoke a sense of belonging and connection.
▷ 1842
The first-generation Central Market opened to the south of its present site under the management of a Chinese man called A Foon.
▷ 1850s
Rapid population growth resulted in a demand for new markets. The second-generation Central Market is believed to have been established in the 1850s at its present location.
▷ 1895

Ding Xinbao, City of Victoria, A Selection of the Museum's Historical Photographs, Hong Kong, Hong Kong Museum of History, 1999, p.44
The third-generation Central Market comprised two blocks of two storeys each with a central avenue in between. The walls of the building were red brick with granite features.
▷ 1939

The fourth and last Central Market rises four storeys and is an example of the Streamline Moderne Bauhaus style of the time. The building has a total of 255 market stalls with an open Atrium located at the center of the building.
▷ 2021
Revitalised under the new theme of “Playground for All”, Central Market is expected to commence its first phase of operations in the third quarter of 2021.