Monthly Archives: October 2013

LEP invests in Watford to drive growth in Hertfordshire

LEP invests in Watford to drive growth in Hertfordshire

Watford_LEP

The Hertfordshire Local Enterprise Partnership (LEP) Board recently visited Watford FC and met partners from the NHS, Watford Borough Council and developers Kier Property for an update on the £250m Watford Health Campus development.

The LEP has invested £6m from its ‘Growing Places’ fund to support the project which is set to create new retail space, offices, industrial accommodation as well as many as 1,900 new jobs and 650 new homes (35% of which will be much needed, affordable homes).

The project includes the creation of a new road that will improve access to Watford General Hospital from the M1 and ease congestion in West Watford, especially on and around Vicarage Road. The Campus will provide the opportunity for new hospital services and facilities on the site and open space for the local community.

Hertfordshire LEP Chair John Gourd, said: “We’re excited to see that work is underway on Watford’s new Health Campus. The LEP has a responsibility to nurture growth in Hertfordshire and in Watford we have a number of opportunities to help permanently transform the town. The interlinking developments of Watford Junction, Croxley Rail Link and of course, The Health Campus makes Watford an exciting place to be. These projects bring London closer to our door and will reinvigorate the town for future generations to benefit.”

Watford Borough Council Managing Director Manny Lewis, said: “The LEP has been incredibly supportive of our regeneration projects across the town. The Health Campus is an exciting long-term project and the LEP’s ability to leverage funding, cut through red tape and provide a cash flow has been invaluable to the Campus partnership. We’re excited about the bright future of our town and the LEP has bought that future closer to becoming a reality.”

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