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At a Glance
Promoter: Private sector/Network Rail
Location: WD17 IEU
Total site area: 19 hectares
Investment type: Development
Asset class: Office, light industrial, commercial, residential
Planning Status: Varied sites at different stages of the planning process
Delivery Timescale: Ongoing
GDV: £1.5bn
Site Description
Watford Junction is a key development opportunity hub within the M25.
Located close to Watford town centre and with a major transport interchange at its core, this 19-hectare site is less than 20 minutes from central London.
The project will see Watford Junction station and lands transformed by a partnership of private sector, Network Rail and other public sector bodies. It will create an exciting and vibrant quarter with a new station, shopping facilities, bus stops, better walking routes and a connecting bridge.
In total, Watford Junction should deliver 3,000 new homes and 7,000 new jobs. Berkeley Homes is already delivering a 1,214 home, 28-storey scheme with a new school on the site.