£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 

Name
Email
  Ctrl + Enter

Most Read

Thames Water gets ready to tender £2.6bn AMP7 construction work contracts

Thames Water gets ready to tender £2.6bn AMP7 construction work contracts

Thames' draft AMP7 plan includes a number of complex projects, significant programmes and anticipates a potential increased volume in maintenance activity in response to changing customer and stakeholder needs, population growth and a changing environment. Thames has set out details of the proposed

British Water Annual Lunch 2019

British Water Annual Lunch 2019

London Stadium, a world-class venue, has played host to this year’s British Water Annual Lunch. This highly-regarded networking event is an occasion for members, and invited guests of British Water, to network and promote their businesses to over 200 key industry professionals which will

MWH Treatment wins Severn Trent AMP7 framework contracts

MWH Treatment wins Severn Trent AMP7 framework contracts

We are pleased to hear that our client water sector specialist MWH Treatment has been awarded a place on Severn Trent’s AMP7. The agreement extends an existing 20-year relationship and MWH Treatment (MWHT) will develop and deliver a share of the £2 billion capital works programme,

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.