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REGENERATION OF SOUTH OXHEY ESTATE AGREED

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18/01/2016

 

Three Rivers District Council and development partner Countryside Properties are pleased to announce they have entered into an agreement to redevelop central South Oxhey, an 11.76 acre estate near Watford, Hertfordshire. The proposals for the regeneration include 514 new homes, as well as retail and public spaces, transforming an area that is in need of modernisation and enhancing the quality of life for those who live there.

Regeneration of South Oxhey Estate Agreed

The regeneration scheme aims to deliver:

  • A mix of homes for sale and rent, ranging in size from apartments to family houses, creating 388 more homes than currently exist
  • A varied and attractive shopping environment including a larger food store and new retail units, with at least 55,295 sq ft of retail space
  • Significant benefits to the community including safe and attractive public spaces, including a market square, improved infrastructure with better links to Carpenders Park station as well as new job opportunities and apprenticeships for local people.

Three Rivers District Council selected Countryside Properties as preferred bidder for the project in May 2015. Countryside is working in collaboration with Home Group, a leading provider of affordable housing, for the development. Countryside’s proposed designs for the redevelopment were exhibited at public consultation events last November. The planning application was made on 4 January 2016 with initial works due to commence later this year, subject to planning.

Ann Shaw, Leader of the Council said: “The Council is very pleased to have formally entered into contract with Countryside and Home Group and we are very much looking forward to working in collaboration to deliver the new high quality homes and shops that South Oxhey needs.”

Richard Cherry, Chief Executive of Countryside Properties’ Partnerships division said: “We are pleased to be working with Three Rivers District Council and Home Group on this exciting development. We have 30 years’ experience in local authority estate regeneration. Our vision is to create an integrated and well-designed new neighbourhood with high quality housing for South Oxhey, and we will do that in close partnership with the local community.”

Mark Henderson, Home Group chief executive, said: “It is great that the plans for South Oxhey are moving ahead and that we have forged a partnership focused on creating lasting change for the better for this community. Better standards of housing are desperately needed for local people and our plans will deliver that for hundreds of families.”

ENDS

About Home Group

Home Group is one of the leading providers of affordable housing, care and support. Home Group is committed to creating thriving communities where people want to live and support to those who need it. It has a turnover in excess of £230m, manages 52,000 homes and provides care and support services to more than 14,000 people across the UK each year. Home also aims to build more than 2,000 additional affordable homes each year.


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