Skip to site menu Skip to page content

Daily Newsletter

05 December 2023

Daily Newsletter

05 December 2023

McLaren to transform police station site into mixed-use development

The current police department will be moved from its current location to a new location on George Street.

December 05 2023

UK-based construction company McLaren Living has purchased the Watford Police Station and Magistrates Court in Watford, UK, to transform the property into a new mixed-use development.

The company is set to submit its plans to Watford Borough Council early next year for a new mixed-use community, which would feature 300 build-to-rent housing units and 30,000ft² of commercial space.

McLaren Living managing director Matthew Biddle said: “We’re really excited to have acquired such a great site, in the commercial heart of Watford, close to local amenities and with excellent connections to London.

“We’re looking forward to working with Watford Borough Council and the local community on our plans for Clarendon Road, to deliver a mixed-use neighbourhood, bringing forward much-needed new homes for rent, along with high-quality commercial space.”

The police department will be shifted from its current 1.75-acre site on Clarendon Road to a new location on George Street as per the plans.

Decommissioning work on the site is set to be finished in the second quarter of 2024.

Hertfordshire Police and Crime Commissioner David Lloyd said: “I am pleased to see this conditional sale has been exchanged, and once completed will generate additional funding for the constabulary.

“The station on that site had reached the end of its economic life and it was no longer fit for purpose for the demands of officers and staff. Watford now has a new thoroughly modern police station in the town centre at 3 George Street.”

In April 2023, Ealing Council in London contracted McLaren Construction to construct 188 new houses in Acton.

North America Construction market dynamics

Per GlobalData, the North America construction market size is expected to reach $1,772.5 billion in 2023. The energy and utilities construction sector is expected to depict a AAGR of 8.7% in real terms from 2024 to 2027, supported by investments in regional renewable energy and oil and gas projects.

IoT market for construction set to grow at a CAGR of ~16% by 2027

There is a huge opportunity for wearables in the construction industry. Several start-ups operate in this space: for example, Proxxi protects users from getting electrocuted, and Plinx uses proximity sensors for social distancing. Wearables can also improve communication channels between field and desk workers. As digitalization develops, wearables will become synonymous with construction work.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close