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Residents are celebrating after plans for a Time Out market in east London were rejected over fears of excessive drinking and anti-social behaviour.

The listings guide publisher wanted to open a food court containing four bars, 17 stalls, a cooking academy and an art gallery at a site on Commercial Street opposite Old Spitalfields Market.

However Tower Hamlets council rejected a licensing application for the 500-seater complex on Tuesday night (28/2) after receiving 70 objections from neighbouring residents, businesses and community organisations.

Conservative councillor Peter Golds, who chaired the licensing committee, said the decision was made because of the number of existing licensed premises in the area and concerns over the detrimental impact on residents’ lives.

Mr Golds said: “It was a large application in an area surrounded by residential properties and designated a Cumulative Impact Zone (CIZ) meaning we have to look at the cumulative impact from it and all other licensed premises.”

David Donoghue, who lives near the proposed site and is chairman of the Spitalfields Society, said it was a “victory” for residents, who have suffered from crime and anti-social behaviour and have been campaigning against the “over-development” of the area.

Mr Donoghue said: “We’re not opposed to any kind of development, but something that size on that site was completely inappropriate and preposterous.

"You would have two thousand people a day and vehicles using one entrance with no parking. We’re supportive of local businesses and don’t want Spitalfields to become a corporate, Gotham city.”

Time Out had hoped to emulate the success of its market in the Portuguese capital Lisbon, which has attracted millions of visitors since it opened in 2014. The company said it was “disappointed” and intended to appeal the decision.

A Time Out spokeswoman added: “We have worked diligently to listen to the local community and to take their suggestions on board in order to agree on a way forward together.

"We intend to appeal the decision taken and in advance of this will continue to liaise with local residents and businesses in the area.”