Watford Borough Council has signed a new 250 year lease with regeneration specialist Orion Land and Leisure for their site by Ascot Road, West Watford.
Works will soon begin on site to de-contaminate it, after which time, Orion is hoping to put on some pop-up events and activities. The planning process is expected to take up to two years, so this is a great way of bringing the site to life for the benefit of local residents, before construction starts.
Residents should look out for the planning application in the autumn of this year. Completion of the new development is hoped to be in line with the opening of the new Cassiobridge tube station in 2020.
Watford Borough Council Managing Director, Manny Lewis, said; “Ascot Road is a key regeneration site for us, and will deliver much needed homes and jobs for our residents. It forms part of our ongoing redevelopment programme that is set to secure economic prosperity for decades. “
Orion’s Chairman, Richard Olsen, says, “We are excited by the opportunity to deliver something special in the area - a beautifully landscaped, mixed residential and office quarter with superb transport links.”