Market Leads & Opportunities
Watford Borough Council gives green light to £1.6bn Watford Junction regeneration
Watford Borough Council has granted planning consent for the first phase of its £1.6 billion regeneration masterplan for Watford Junction. When complete, the masterplan will create just under 3,000 dwellings, 75,000 sqm of commercial space, 6,000 sqm of retail, two primary schools and a range of community uses.The 4,338 sqm first phase, located in a prime position on St Albans Road, will be developed by GS8, the design-led residential and commercial property developer, and will comprise a 146 unit, mixed-use development. Work is scheduled to start on site by the end of 2018, with phase one expected to complete towards the end of 2020.In addition, Berkeley Homes is undergoing public consultation for a separate site in the area at St Albans Quarter, reflecting a growing confidence in Watford among developers.
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