Stall holders say they are in a “state of fear” over the new plans and say it is a threat to Camden’s identity.
The market currently is a tourist destination due to the edgy, bohemian vibe which is said to have inspired the likes of The Clash, Amy Winehouse and Pete Doherty.
One bespoke clothing stall holder, who did not want to be named, said: “The problem is that the creativity and magic that makes Camden so famous around the world is fading.
“The management breaks my heart as the area is losing its soul. Inverness Street used to be full of fruit and vegetables stores and craft, but now it’s just cheap clothes and phone covers.
Tourists from around the world come here because of its vibrant reputation but they tell me that it doesn’t live up to expectations. It doesn’t feel like the funky, creative Camden they’ve read about in the guide books.
To talk explain who MarketTech is and why they are doing was the Evening Standards City Correspondant Jamie Dunkley on Headline London.