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£16,000,000: Watford given ‘vote of confidence’ with major government funding

 Published on: 6th December 2023   |   By: Darius Morgan   |   Category: Uncategorized

Plans for the rejuvenation of Watford Town Hall and Watford Colosseum have received a major boost thanks to government funding.

Last month, the Watford Borough Council (WBC) project was awarded a £16million grant from the government’s Levelling Up Fund.

The funding will be used to rejuvenate the Town Hall into a hub for businesses to launch or grow, as well as upgrading the Colosseum into a world-class entertainment and performance venue managed by AEG Presents.

WBC is hoping that both refurbishments will revitalise the town centre and generate new jobs for the community, as well as increasing footfall in the area and strengthening the town’s reputation for “innovation and enterprise”.

Speaking following the announcement, Dean Russell, MP for Watford, said: “I would like to thank the UK government for this huge investment and vote of confidence in Watford, which will see the Colosseum and Town Hall focused as a brilliant and vibrant cultural hub in our town.

“I am proud to be able to champion Watford within Parliament and this investment will further revitalise Watford, generate additional jobs, and undoubtedly provide a solid foundation for the decades to come.”

Elected Mayor of Watford Peter Taylor said: “We are extremely pleased that the government has recognised the outstanding potential our plans offer Watford and our community. This funding will help us forge ahead with delivering our ambitions for this area of the town, unlocking economic growth, and driving further investment in Watford. This will mean new jobs and opportunities for local people as well as an exciting new venue to see some outstanding live performances.

“It is a big vote of confidence in Watford.”

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