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Riverwell, Watford

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At a Glance

Promoter: Kier Property / Watford Borough Council

Location: Thomas Sawyer Way, Watford, WD18 0GS

Total Site Area: 70 acres

Planning Authority: Watford Borough Council

The Investment Proposition: Hotel and retail investment opportunity coming forward 2026

Asset Class: Living & Residential, Leisure & Culture, Learning & Institutions, Commercial

Planning Status: Multiple applications approved, several applications in the planning process and in the future

Delivery Timescale: 2025 - 2035

GDV: £500m

Site Description

The Riverwell masterplan is delivering an exciting destination, offering residential, office, retail, leisure, industrial and community space, through a 20-year programme.

Now at around the halfway mark, Riverwell has already delivered more than 560 new homes (both apartments and housing, including around 30% affordable homes), with 700 to follow; a new hospital access road, which has also opened up the site for regeneration; 86,000 sq.ft of industrial space; a 1455 space multi-storey car park for nearby Watford General Hospital; new green, open space for the community.

This plan aligns with the goals of Watford General Hospital’s separate development efforts managed by the West Hertfordshire Teaching Hospitals NHS Trust. 
 
Hotel and retail investment opportunity coming forward in 2026.