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Intu plans to rebuild Charter Place move forward
Plans to demolish Charter Place and rebuild the centre as an extension of intu Watford have been lodged with the council.
The operator of the shopping centres, Intu, has submitted its application for the long-awaited scheme this week, which includes shops, restaurants and a cinema.
The paperwork scheme will also include a new public square to host events, such as street theatre and music shows.
The new centre will have new pedestrian and cycle access.
Jonathan Ainsley, asset management director for Intu, said: "The £100 million investment across both Watford shopping centres is aimed at transforming Watford and creating the best place in the region for people to shop high quality brands and spend their leisure time".
The company said it plans to add more family entertainment outlets to the centre such as ten-pin bowling.
It also hopes the larger units in the new Charter Place will help lure bigger brands to Watford.
Intu said proposed development will create around 1,125 additional new jobs across the retail, hospitality and leisure sectors, and up to 500 temporary construction jobs supported during the building phase.
This week's planning application represents a break-through for ambitions to redevelop Charter Place, which have faltered for more than a decade.
In 2003 Watford Borough Council broke off negotiations with Intu, which was then Capital Shopping Centres, after the two parties hit a stalemate over the project.
In the intervening years the council, which owns both Charter Place and intu Watford, undertook two aborted attempts with different developers to develop the aging shopping centre.
However last year Intu expressed renewed interest in the project and has since signed a 999-year lease for Charter Place.
The current application follows a public consultation online and at intu Watford, during which Intu said 91 per cent of respondents expressed a desire for Charter Place to be redeveloped.
Construction is expected to start during 2015, with the new centre to open in 2017.
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