Investment opportunities

Business opportunities

Watford Borough Council is committed to an ongoing redevelopment programme that is set to secure economic prosperity for decades. Over the next 10 to 15 years, more than £1.5 billion worth of investment will be leveraged by the council as part of an ambitious plan which will create thousands of new homes and jobs, with significantly improved services, transport infrastructure and leisure facilities.  

By providing the strategic lead for Watford’s sustainable economic growth, the council is ensuring the borough remains a highly attractive proposition for residents and business alike. We apologise in advance for any inconvenience caused by works associated with these projects. The project teams meet regularly and are working together to ensure any disruption is kept to a minimum, and that Watford remains open for business.

Town Hall Quarter - The 10-year Town Hall Quarter programme brings together seven interconnected projects that will all contribute to revitalising the spaces around the Town Hall.

Market Street - Watford’s popular shopping destination Market Street is to benefit from a range of streetscape improvements to improve the look and feel of the area.

Watford Business Park - The 30 hectare Watford Business Park – located by Greenhill Crescent and Faraday Close - is one of the key employment hubs in the town with over 100 businesses employing 1000-1200 people from Watford and beyond.

Watford Riverwell - Watford Borough Council and its development partner, Kier Property, have been working to deliver a  masterplan for Watford Riverwell to make sure it’s a place that everyone can enjoy.

Watford Junction - The station - which currently welcomes a whopping 8million visitors every year - will be brought into the 21st century by Watford Borough Council alongside its partners: Halkin, Network Rail, London North Western Railways and Hertfordshire County Council.

Western Gateway - The Western Gateway has been identified in the emerging Local Plan as a Special Policy Area where significant new development is being directed.

Clarendon Road - As you may have already noticed, significant improvements have taken place at the junction of Clarendon Road and Beechen Grove in Watford.