A combination of permanent stalls and pop-up vendors would feature at a revitalised Subiaco Pavilion Markets, early concept images show.

The 5451sqm site on Rokeby Road was purchased by Blackburne Property Group this year for $25 million after a more than a decade of inaction as the derelict buildings fell into further disrepair.

BPG managing director Paul Blackburne said he hoped construction would start on the project late next year.

He said the developer was looking at having fewer apartments on the site than the 292 which were approved in the previous development application.

Camera Icon An artist’s impression of part of the Subiaco Pavilion Markets redevelopment. Credit: Supplied

“As part of our improved design we are looking to have fewer apartments but we have made them larger internally as there is strong demand for larger owner-occupier apartments,” Mr Blackburne said.

“I’ve got a strong emotional attachment to the site because I lived over the road for most of my 20s and used to visit the markets and also as a young child with my family.”

The market will take up about 3000sqm and the ground level of the development will also have shops, restaurants and cafes.

Camera Icon An artist’s impression of part of the Subiaco Pavilion Markets redevelopment. Credit: Supplied

City of Subiaco mayor Penny Taylor said the council had been pushing hard for the markets concept to return.

“I’m pleased that the owner understands the importance of this location to our community,” she said.