Hertfordshire Perfectly Placed in New Guide
An inside track to multi-million pound commercial property and investment opportunities across Hertfordshire is now available in a new guide.
The free 20-page guide will provide a valuable insight for investors, developers, occupiers, hotel groups, property agents and business service providers.
It comes as Hertfordshire experiences some of the largest development investment in the UK as well as major infrastructure projects, such as the Croxley Rail Link starting January 2015.
The guide includes profiles of local districts across the county including Broxbourne, Dacorum, East Herts, Hertsmere, Stevenage, Three Rivers and Watford as well as an overview from the Hertfordshire Local Enterprise Partnership.
Anthony Jackson, Hertfordshire Local Enterprise Partnership board member, said: “Hertfordshire has much to offer potential investors with its wealth of science, innovation and commerce assets and position at the heart of the UK’s golden research triangle.
“It is an economic area renowned as an engine of growth that can help businesses realise their European and UK investment aspirations.”
For a free copy of the ‘Hertfordshire Perfectly Placed’ guide call 01438 242507 or email economicdevelopment@stevenage.gov.uk
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Headline Developments
Significant new commercial and industrial spaces are being created across Hertfordshire including Watford Health Campus, Watford Business Park, Watford Junction and Maylands Gateway in Hemel Hempstead, the largest green field employment development site in the county. Marketing on a large part of this 32-acre site begins in November.
Masterplanning on the second phase of the Spencer’s Park development has begun leading to a planning application in 2015 for around 1000 new homes across both phases of the scheme.
Town centre regeneration is also significant in Hertfordshire with major projects proposed or already underway in Hemel Hempstead, Watford and South Oxhey.
Over £30 million of public money is being invested in Hemel Hempstead town centre over the next 3 years including a £4 million public realm works and a £6.2 million scheme to restore the Watergardens and provide new improved bus facilities.
Intu begins its £100m redevelopment in Watford in the Spring while a £4.3m public realm works and £2.6m market in the town have both recently opened.
In Bishop’s Stortford, the Henderson’s development is a future mixed-use project seeking to invest in the region of £105 million in the town. Bishop’s Stortford North Consortium is seeking to invest around £54 million in a development to the north of the town.
GSK has invested around £28.5 million in its manufacturing site in Ware while the Stevenage Bioscience Catalyst continues to go from strength to strength.
The county is also home to world-renowned Film and Media facilities such as Leavesden, Elstree Studios, BBC Elstree and Warner Bros. Studios and Tour. The University of Hertfordshire also hosts UHanimation, one of the top three digital animation schools in the world.
In addition, the county has a vibrant enterprise culture with thousands of new businesses starting up in Hertfordshire every year.
The Maylands Business Park in Hemel Hempstead is one of the largest business parks in the East of England while the Business & Technology Centre in Stevenage supports many successful startup and growing businesses.
In Broxbourne, the Council has put £2.1 million and land, in collaboration with £1.9 million from the Hertfordshire LEP, towards the building of a new enterprise centre in the area. This will provide start-up businesses with comprehensive support and high quality modern accommodation, with easy-in, easy-out terms, from which they can operate and grow. It will strengthen the local economy and encourage businesses to invest in the area. There are also key opportunity sites at Park Plaza, junction 25 of the M25.
Media contact:
Paul Maguire
paul.maguire@magnitepr.com
T: 01438 791029 or M: 07947 799651
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