Kier preferred bidder to deliver GBP240m Watford Health Campus

By Bridging Loan Directory -

 

Kier Property has been selected by the Health Campus Partnership (Watford Borough Council, West Hertfordshire Hospitals NHS Trust and Watford Football Club) as the preferred bidder to deliver the GBP240m Watford Health Campus project.

The company beat rival bidder Laing to be awarded the contract to deliver the 375,000 square foot mixed-use development, which will include new hospital facilities for Watford and south-west Hertfordshire, up to 650 homes and a new multi-storey car park.
The Health Campus will regenerate derelict land in west Watford and deliver new employment space and 1,600 local jobs. It will also allow better access to improved open public space and reduce traffic congestion.

Nigel Turner, Kier Property’s managing director, said:

“We are extremely pleased to be selected as the preferred partner to deliver the Watford Health Campus scheme. We have worked closely with the Health Campus partners to understand their vision and aspirations for the Health Campus and the area overall. We believe our proposal will deliver the transformation that the partnership is looking for and we are now very excited to get started.

“We are looking forward to getting out and about in Watford to share our proposals with the local community. Our joint objective is to deliver realistic and achievable regeneration within a clear timescale.”

Dorothy Thornhill MBE , Elected Mayor of Watford, said:

“This announcement marks a significant step forward for the Health Campus and brings us closer to seeing our aspirations for the area finally come to fruition. The Health Campus is a once in a lifetime opportunity. It will deliver significant benefits to the town and gives a huge boost to our local economy at a time when other areas of the country are seeing reductions to public investment and services. There is still a lot to be done but I am delighted at the prospect of working with Kier on its exciting proposals and getting the best possible results for Watford and our residents.”

Kier will also be working with the Health Campus partnership to complete the financial and legal aspects of their agreement by December.