£100 million to take Watford to Top 20

£100 million to take Watford to Top 20

Tenders will be invited in summer for the redevelopment of Watford town centre and its existing shopping centre Intu Watford after planning permission was granted for the £100 million scheme by Watford Borough Council.

 

The development aims to create a Top 20 UK retail destination by refurbishing the existing shopping centre and integrating it with the neighbouring Charter Place shopping centre which is to be substantially demolished and redeveloped, creating 1.4 million sq ft of retail and leisure properties. The plans also include restaurants, a new cinema and a public square to be used for street theatre and music performances.

 

Construction is to start during 2015 and complete in 2017. Bids will be invited for the main demolition and construction contracts in July and construction will start in May next year.

 

The development will create around 1,125 new jobs across the retail, hospitality and leisure sectors, and up to 630 construction jobs will be supported during the construction phase.

 

The existing shopping centre was built in 1992, intended to be a rival to Brent Cross and originally called the Harlequin Centre. Intu was formerly known as Capital Shopping Centres Group.

 

The scheme's senior asset manager Charlie Griffiths said: “The £100m investment across both shopping centres in Watford will completely transform the town's position in the UK retail rankings, placing it firmly in the top 20.

 

“The redevelopment will create the very best destination in North London to shop high quality brands and spend leisure time. Our plan is to bring more customers, from further, for longer.”

 

Photo: Intu Watford

Please rate

Comments 

Ctrl + Enter

Most Read

How Blockchain Technology is changing the Energy Sector

How Blockchain Technology is changing the Energy Sector

The disruptive potential of blockchain technology is becoming more evident with every passing day. From the proliferation of cryptocurrencies, and its increasing applications in other areas including banking, gaming, music licensing, as well as the energy sector, blockchain technology is

How to deal with interview rejection

How to deal with interview rejection

Sorry we think you’re not the ideal fit for this position or sorry to inform you, but you are not exactly the candidate we were hoping for – these are some of the replies you may get from an unsuccessful interview, and while it can sting for a day or two, you should not dwell on it any

Mirroring England’s Young World Cup Team in Engineering

Mirroring England’s Young World Cup Team in Engineering

Alas, the cup didn’t come home. However, it's wasn't all doom and gloom as 4th placed England at the just concluded FIFA World Cup in Russia, were not initially expected to perform wonders. However, in the course of the tournament, the belief grew, and hopes were raised. Gareth

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.