Latest news with #KierProperty
Hospitality Net
3 days ago
- Business
- Hospitality Net
Travelodge to Open New Hotel as Part of Watford Riverwell Regeneration Scheme
Travelodge, the UK's first budget hotel brand, which operates over 600 hotels across the UK, Ireland and Spain, has exchanged contracts to develop a new 131-bedroom hotel in Watford. This latest addition will be the group's second hotel in the town and forms part of Watford Riverwell, a major, £500 million regeneration scheme (set up in 2013) being delivered through a joint venture between Kier Property and Watford Borough Council. The 70-acre development in West Watford is the largest regeneration project in the area, transforming former industrial land into a vibrant new district featuring residential, commercial, retail, leisure and healthcare facilities. Travelodge will play a key role in delivering new infrastructure to support the town's future growth, while also boosting local employment and economic activity. The hotel chain has entered a 30-year lease with Kier Property to operate the hotel once it is developed. The group's second hotel in Watford is in a prime location for both business and leisure travellers, located very close to Watford General Hospital and Vicarage Road Stadium, home of Watford Football Club and a host venue for a variety of events. Other nearby attractions include the Warner Bros. Harry Potter Studios and Wembley Stadium, just a short train journey away. The hotel benefits from excellent transport connections, thanks to a new link road, and is under a ten-minute drive from Junction 5 of the M1. It is also within one mile of Watford's High Street, Watford Junction, Bushey and Watford Met stations. The new four-storey hotel will feature Travelodge's new, premium look and feel design, which includes a freshly-designed reception area, next-generation rooms and its new, stylish restaurant concept, 85 Bar Cafe - offering everything a business or leisure guest needs for a comfortable and relaxing stay. At ground level, the building will also include two additional retail and leisure units and benefit from 78 dedicated parking spaces within a designated section of the adjacent, recently opened multi-storey car park. Freeths advised Travelodge on the transaction and Kier Property was represented by Pinsent Mason. Hotel website
BBC News
13-03-2025
- Business
- BBC News
Leatherhead plans could breath new life to town centre
A new cinema and "quality" chain stores could "breathe new life" into Leatherhead as part of major regeneration for the High Street, Swan Centre and Bull Hill will be put on display this week with residents invited to have their say on the Valley District Council and Kier Property have been working together on the project and have said they are "excited to share" the new layouts that feature "significant updates" based on feedback from 2024.A spokesperson for the project, called The Leret Partnership, told the Local Democracy Reporting Service the proposals "aim to breathe new life into the Swan Centre and Leatherhead High Street". They said the investment would reverse the trend of brands leaving the town and shops development proposes to add "quality chains", independent restaurants and operators to would also include a cinema and a bowling alley to provide "a great new entertainment offering" in the town the updates would also be an increase in public green space and a new building layout in Bull Hill. Public drop-in consultations will take place in the former Clinton Cards site at the Swan Centre. The first will run from 14:00 to 20:00 GMT on 13 March, with the second on 15 March from 10:00 to 16:00.
