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300 HOMES: Developer announces plans to build further homes in Ascot Road Watford

 Published on: 27th February 2022   |   By: Lizzie Ellis   |   Category: Uncategorized

The developer behind a major housing scheme on the outskirts of Croxley Green has announced plans to build a further 311 homes in Ascot Road.

Phase one of building is already underway for the construction of a 24-storey tower, near Croxley Business Park in Watford, visible from Croxley Green.

Robert Mathias, Partner and Head of International Business at Investment Management Firm Harrison Street said: “Watford is a highly attractive market, home to a growing, affluent renter population near numerous large employers, but faces a significant undersupply in high-quality rental housing options.”

Now, the developer Cortland has announced Phase 2 plans for further homes, which they say will regenerate Ascot Road. The properties will be available to rent only as part of a build-to-rent scheme implemented by developer Cortland.

Cortland says they have carefully considered the wider context and character of the local area when designing our proposals for Phase 2 of Ascot Road and the tallest buildings of Phase 2 will be 16 storeys.

Summer 2022 will see the determination of the Phase two planning application, and the developer hopes to begin phase two construction in winter 2022/23 and complete the project by late 2024.

For more information visit ascotroad.co.uk

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