FUTURE
Watford's Future
With £1.5 BILLION INVESTMENT in 7 major development projects, within the next 20 years the regeneration will complement the town’s role as a vibrant, thriving and diverse economic centre!

Today, Watford has developed into a vibrant and thriving town with several national and multi national corporations choosing to locate their headquarters in the borough.

As a sub-regional centre, Watford is a major hub for the Hertfordshire economy with a strong economic profile – especially in retail, financial and business services, and with increasing significance in creative and media and health industries.

Development values have been strong – comparable to successful areas of London – in both retail and office markets. Recently the town was identified as a property hot spot further illustrating the desirability of the borough to residents and businesses.

Watford with its close links to a major world city like London, offers superb connectivity with excellent strategic access. The town is serviced by London Underground, London Overground and West Coast Mainline Services, M1 and M25 all linking the Borough to other parts of Hertfordshire, Greater London and the Midlands, together with easy access to Heathrow, Luton and Stansted airports.

"Croxley Rail Link is our highest priority. We know that Croxley Rail Link is not only a great infrastructure project but also a transformational regeneration project. It will stimulate investment in a range of complex brownfield sites across Watford."
Strategic Economic Growth Plan, Hertfordshire Local Enterprise Partnership

Redevelopment Map
The town grew modestly assisted by travelers passing through to Berkhamsted Castle and the royal palace at Kings Langley until the advent of the industrial revolution in the late 18th century. The town experienced rapid growth throughout the 19th century with the opening of the Grand Union Canal in 1798 followed by the London and Birmingham railway in 1837. This created close links to London and opened up markets in the West Midlands and Lancashire. The development of printing and paper making along local rivers led to the manufacture of machinery and by the early 1900s the town was an established engineering and industrial centre. The decline of industry in the 20th century was replaced by the growth of services, which is now the town’s main employment sector.