London developers setting a high benchmark for luxury residences across the world
The spotlight on the luxury residential market in London has never been stronger, with prime real estate being snapped up from clients all over the globe. London is now the city of choice, overtaking New York, Hong Kong and Sydney with 1,638 properties sold in London in 2014 for more than £3.5 million each (source Knight Frank), compared to 796 in Manhattan. Investors seeking high standards and elite services are being drawn to London, investing up to £6,150 per sq ft (CBRE). This demand for luxury living is driving growth within the market, which is being met by super-prime residential property developers such as Clivedale London.
Assessments reveal that the Central London residential property market has doubled in value every eight years since the 1960’s. This prospect is appealing to investors both at home and abroad, so it’s no surprise that 13% of all property transactions in Q1 2015 in the UK took place in London, accoridng to Knight Frank.
Clivedale London, the distinguished property developer based in Mayfair, is no stranger to the benefits of developing in London’s most sought after postcodes. Their portfolio includes properties in highly desirable Central London locations, where they are creating illustrious apartments designed to cater to a resident’s every need. Clivedale is dedicated to offering ‘effortless living with exceptional service,’ which is precisely what their current projects offer.
With super-prime developments in Mayfair and Marylebone, Clivedale is one of the top property developers in London’s affluent residential real estate market. This esteemed property developer is setting exceptionally high standards with their collection of residential, commercial and hotel ventures.
Each Clivedale property has exclusive access to breath-taking views of London, 24/7 concierge services, chauffer-driven residents’ cars, and state of the art gym, spa and swimming facilities – amongst other services. The projects within its portfolio all offer unique and distinguishing features that provide an experience going beyond even the most demanding requirements, setting Clivedale apart within today’s super-prime residential market.
Clivedale’s first major enterprise is due for completion in early 2018. The Mansion, an exceptional property located on the border of Mayfair and Marylebone is just at the foot of the famous Marylebone Lane. Apartments at The Mansion offer residents a truly exclusive and high quality living experience. The Mansion has been designed by DSDHA, a London based Architecture Company renowned for its ability to createn stunning architecture that blends seamlessly with its surroundings. Their other projects include Savoy Court on the Strand, Waterloo City Square and The Silver Building in Soho’s conservation area.
This beautiful 22-unit development is perfectly placed for easy accessibility to Oxford Street, Bond Street, Mayfair and Hyde Park. The interiors have been designed by Arney Fender Katsalidis – a London-based architect. Known for creating the best in contemporary living, Arney Fender Katsalidis adds a twist on traditional space by employing an innovative approach to design for these stunning apartments. The exceptional residency is paired with carefully selected brands to exceed the expectations of the residents. With Fortnum and Mason on call to deliver groceries, the Mansion’s very own 24/7 concierge and chauffer driven Bentley house car on call, Clivedale have quite simply thought of everything.
If this wasn’t enough to put Clivedale firmly on the map, there has been a buzz of excitement around Mayfair Park Residences. This development is Clivedale’s flagship project, which is set to deliver the ultimate bespoke luxury experience. The prestigious apartments boast stunning views of Hyde Park and are due to be finished in 2019.
An exclusive partnership between Mayfair Park Residences and Dorchester Collection has recently been announced. Dorchester Collection’s 45 Park Lane, adjacent to the residences, will fully staff and manage Mayfair Park Residences. The company is world renowned for its phenomenal service and fantastic hotels, which will complement the residency perfectly. Further to this, occupants will have use of the facilities in both the apartment building and that of the prestigious hotel group.
Dorchester Collection has a group of hotels globally, including 45 Park Lane adjacent to Mayfair Park Residences, The Beverly Hills Hotel in Los Angeles and Hotel Eden in Rome. 45 Park Lane offers a truly unique service that is both relaxed and sophisticated. This renowned hotel was carefully selected to manage Mayfair Park Residences to ensure the occupants have an enhanced living experience.
To further the ‘wow factor’ of these high-class apartments, Nicole Kidman has been signed for the Mayfair Park Residences marketing campaign, and can be seen in lifestyle photographs taken by world renowned photographer Patrick Demarchelier in the development’s advertising and brochure. This famous face only adds to the notion that purchasing one of these apartments will leave you in a highly enviable position.
Finally, Clivedale is developing 22 Hanover Square. Clivedale acquired this substantial property in 2014, taking over the former HQ of international real estate advisor JLL. With its elite W1 postcode, this is another development not to be missed. Having secured one of Westminster Council’s last permissions to convert office buildings into residential use, Clivedale intends to introduce a world-class hotel to the site to complement its plans for further super-prime apartments.
The plans are to demolish the existing building and introduce a new, more efficiently designed mixed-use building. The new building will complement Hanover Square and will include a 5* hotel with inclusive restaurant and bar, apartments, a luxury spa and a restaurant separate from the hotel.
This project complements Clivedale’s current portfolio, combining its expertise in residential and commercial property. Negotiations with a variety of prestigious hotel chains are currently taking place, and the successful hotel group to gain this high profile foothold in Mayfair will be announced later in the year.
With projects like these on the rise, it’s safe to assume high-end, esteemed property developers won’t be stopping here. With the bar being raised with each development, the demand for distinguished homes in Central London is ever increasing. It will only be a matter of time before we hear of a new residential record deal in the country’s capital.