A popular Watford nightclub and supermarket could be redeveloped into 146 new homes.
Dwyer Asset Management, limited investment manager for owner of the premises, Watford Parade (Gibraltar) Limited, is running a public consultation for the company’s redevelopment plans at 125-133 The Parade, which includes the PRYZM nightclub and the Iceland food store.
The 146 new properties would include affordable homes and two retail units, with a neighbourhood retail unit and a high street retail unit comprising of more than 2,000sqm of new retail space in total.
The homes would be a mix of 1-, 2- and 3-bedroom properties.
The proposals would make for a mid-rise development, with the tallest part of the development being eight storeys.
The exact heights of the buildings in the final proposals will be subject to further discussion with council officers and the feedback received from the community.
A representative for the project team said: “We are currently engaging with Watford Borough Council on shaping the emerging proposals and very much look forward to hearing what residents have to say.
“We have sought to bring forward proposals which are sympathetic to character of the area, while taking the opportunity to bring more people into the town centre, alongside new family friendly retail space which will contribute to the vibrancy and economic viability of Watford High Street.”
For further information and to give your feedback to the team, please visit www.theparadewatford.com
The Parade Photo credit: Dwyer Asset Management