Delivering a new community for the Crown Estate
We will support The Crown Estate and Hertfordshire Local Enterprise Partnership (LEP) with the redesign of Junction 8 of the M1 motorway.
Serving as the gateway from the UK motorway network into Hemel Hempstead, the junction’s improvement will address congestion, improve connectivity for all modes of transport and support the area’s economic development. Funding for the project comprises £3 million Local Growth Fund investment from Hertfordshire LEP and £3 million match funding from The Crown Estate.
Managing the redesign forms part of our wider project management role in supporting the ambition to deliver a new community in east Hemel Hempstead. By increasing access to existing and planned employment areas it will enable the creation of thousands of jobs at the Hertfordshire Innovation Quarter (Herts IQ).
The project is also integral to the delivery of Hemel Garden Communities. This ambitious long-term development programme aims to deliver more than 11,000 new homes and around 10,000 new jobs by 2050, 8,000 of which will be located in Herts IQ.
The project is being jointly led by St Albans District Council, Dacorum Borough Council, Hertfordshire County Council, The Crown Estate and Hertfordshire LEP. Future stages will be delivered with further backing of local partners and support from the government.
Director Steve Perkins said:
The redesign of Junction 8 of the M1 will have a significant impact on opening up and regenerating Hemel Hempstead and the Hertfordshire region. This appointment further strengthens our market capability in strategic land development and the strategic infrastructure integral to the delivery of new communities.