Riverwell, the flagship regeneration scheme being delivered by a Joint Venture (JV) between the council and Kier Property has announced the creation of Riverwell Square, a vibrant new town square...
Riverwell Square will welcome a 131-bedroom Travelodge hotel, a Tesco store and a Greggs bakery, as well as creating a lively public amenity space for residents and visitors.
Red Construction has been appointed as the main contractor for the scheme, with works starting this month. They will bring their expertise in delivering complex urban projects to the build, ensuring the creation of a high-quality and attractive destination.
Part of the wider Watford Riverwell masterplan, Riverwell Square will provide a modern, accessible space that combines retail, leisure and hospitality. It is designed to encourage footfall, improve connectivity and create a sense of place within Watford’s largest regeneration project.
Leigh Thomas, Group managing director for Kier Property, comments: “The creation and naming of this new public amenity space ‘Riverwell Square’ marks a major milestone in our journey to create a thriving riverside community.
“The addition of Travelodge, Tesco and Greggs will bring life and convenience to the area, supporting both our new and existing communities.”
Elected Mayor for Watford, Peter Taylor said: “Riverwell Square is a cornerstone of our shared vision with the Joint Venture to create a high-quality, sustainable neighbourhood where people can live, work and socialise. The mix of retail, leisure and hospitality will create a dynamic hub that reflects the ambition and scale of the Riverwell regeneration project.”
Steve Bennett, Chief Property & Development Officer at Travelodge comments “We are delighted to see work start on site on our second hotel in Watford. This development will play a significant role in one of the biggest schemes of its kind in the area. This new hotel will support the town’s growing demand for quality, great value accommodation as Watford Riverwell continues to transform the area."
Watford Riverwell was established in 2013 and is transforming 70 acres of land into a sustainable new neighbourhood, with over one thousand new homes, green spaces and commercial opportunities, making the most of its riverside location and boosting the local economy. www.watfordriverwell.com
