In 1842, the Georgetown Town Council designated the current location of the market on Water Street, officially recognizing it as a market despite the fact that it had served such a capacity for quite some time. The market was designed and constructed by the Edgemoor Iron Company of Delaware, USA over the period 1880-1881. Though the architectural style is elusive, the iron structure and the prominent clock tower is reminiscent of the Victorian era of Great Britain. The Stabroek market area is easily the busiest such place in the city, always bustling with people and activity and also a central hub for taxis and "minibuses" and also for ferries that transport people and goods from all towns and villages along the Demerara river.