Market Leads & Opportunities
Watford green lights £1.6bn regeneration
Watford Borough Council has granted planning consent for the first phase of its £1.6bn regeneration masterplan for Watford Junction. The masterplan shows nearly 3,000 new homes, 75,000 m2 of commercial space, 6,000 m2 of retail space, two primary schools and a range of community uses.The 4,338 m2 first phase, located on St Albans Road, will be developed by GS8, a design-led residential and commercial property developer. This 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.
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