• Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech
Stories from SWNS
Advertisement
  • Home
  • News
    Living The Fantasy: An Interview With The Serpent Calls Author Christopher Bramley

    Living The Fantasy: An Interview With The Serpent Calls Author Christopher Bramley

    Sharp As A Razor: An Interview With Atheist Author Harry Margulies

    Sharp As A Razor: An Interview With Atheist Author Harry Margulies

    Karim Tahseen Khayat: Seeds Training Services and Digital Services

    Dig into Temporarily Insane by Carl Borgen

    Dig into Temporarily Insane by Carl Borgen

    From HID to LED

    From HID to LED

    Dying woman granted final wish to be reunited with her beloved horse and pet dogs one last time

    Dying woman granted final wish to be reunited with her beloved horse and pet dogs one last time

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Which elements should you have for a good landing page?

    Which elements should you have for a good landing page?

    4 IT Services Trends in 2022

    4 IT Services Trends in 2022

    Top 5 New Technologies in the Payment Industry For 2022

    Top 5 New Technologies in the Payment Industry For 2022

    Online casinos: A trend that grows daily

    Online casinos: A trend that grows daily

    Artificial Intelligence and Online Casino Games

    Artificial Intelligence and Online Casino Games

    What are the Latest Digital Marketing Trends?

    What are the Latest Digital Marketing Trends?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
  • News
    Living The Fantasy: An Interview With The Serpent Calls Author Christopher Bramley

    Living The Fantasy: An Interview With The Serpent Calls Author Christopher Bramley

    Sharp As A Razor: An Interview With Atheist Author Harry Margulies

    Sharp As A Razor: An Interview With Atheist Author Harry Margulies

    Karim Tahseen Khayat: Seeds Training Services and Digital Services

    Dig into Temporarily Insane by Carl Borgen

    Dig into Temporarily Insane by Carl Borgen

    From HID to LED

    From HID to LED

    Dying woman granted final wish to be reunited with her beloved horse and pet dogs one last time

    Dying woman granted final wish to be reunited with her beloved horse and pet dogs one last time

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Which elements should you have for a good landing page?

    Which elements should you have for a good landing page?

    4 IT Services Trends in 2022

    4 IT Services Trends in 2022

    Top 5 New Technologies in the Payment Industry For 2022

    Top 5 New Technologies in the Payment Industry For 2022

    Online casinos: A trend that grows daily

    Online casinos: A trend that grows daily

    Artificial Intelligence and Online Casino Games

    Artificial Intelligence and Online Casino Games

    What are the Latest Digital Marketing Trends?

    What are the Latest Digital Marketing Trends?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
Stories from SWNS
No Result
View All Result
Home News

Billionaire tycoon John Caudwell wants to transform multi-storey car park into world’s finest residential development

by
April 8, 2015
in News
0
Billionaire tycoon John Caudwell wants to transform multi-storey car park into world’s finest residential development

Architects' mock up of the planned luxury apartment block complex in Audley Street (RAMSA Architects / SWNS)

0
SHARES
98
VIEWS
Share on FacebookShare on Twitter

One of Britain’s most successful entrepreneurs has unveiled plans to transform a multi-storey car park into a £2 BILLION apartment block.

Architects' mock up of the planned luxury apartment block complex in Audley Street (RAMSA Architects / SWNS)
Architects’ mock up of the planned luxury apartment block complex in Audley Street (RAMSA Architects / SWNS)

Billionaire businessman John Caudwell bought Audley Street garage and the surrounding buildings in Mayfair for around £155 million in 2011.

He plans to demolish the site and replace it with a state-of-the-art residential development to trump rival One Hyde Park as the world’s poshest place to live.

Audley Square House will be a nine-storey high building with a lower ground floor and four basement levels, accommodating 30 high-end properties.

This will be made up of five townhouses, three penthouses, a mews home and 21 luxury apartments.

Architects' mock up of the planned luxury apartment block complex in Audley Street (right) with the existing building seen on the left (RAMSA Architects / SWNS)
Architects’ mock up of the planned luxury apartment block complex in Audley Street (right) with the existing building seen on the left (RAMSA Architects / SWNS)

Each penthouse will have its own lift, gym and swimming pool and the largest, which will be 13,401 sq/ft, will be worth more than #100 million.

The five proposed townhouses will have their own pool and gym.

On the lower second floor of the development will be the ‘communal amenity facilities’.

This includes a 15-metre swimming pool, a business centre for holding meetings, a gym, spa and cinema and games room.

Architects' mock up of the planned luxury apartment block complex in Audley Street (right) with the existing building seen on the left (RAMSA Architects / SWNS)
Architects’ mock up of the planned luxury apartment block complex in Audley Street (right) with the existing building seen on the left (RAMSA Architects / SWNS)

Plans for the ambitious proposal were submitted to Westminster Council this week after being put together by US architects RAMSA, which beat 30 rivals to the job.

Audley Square House is regarded as a “super prime” scheme with one estate agent believing it could be in contention to be London’s first £10,000 per sq/ft scheme.

Becky Fatemi, director of Rokstone estate agents, said Audley Square House was “one of the most exciting residential projects ever unveiled in London”.

She believes the new Audley Square residences could achieve anything from £5,500 per sq/ft up to over £7,000 per sq/ft – and even hit £10,000 per sq/ft in time.

Mobile phone tycoon John Caudwell and his long term partner Claire Johnson  (SWNS)
Mobile phone tycoon John Caudwell and his long term partner Claire Johnson (SWNS)

The 296,000 sq/ft development has more than 200,000 sq/ft of residential space – potentially putting the value between £1.5 and #2 billion.

Ms Fatemi said: “John Caudwell’s visionary proposals will replace an unsightly multi-storey concrete car park at 5 Audley Square and convert it into a super-prime residential project.

“The Audley Square project will create a new luxury village for Mayfair and will rival One Hyde Park as London’s best luxury address.

“This is a major contender to be London’s first #10,000 per sq/ft luxury residential scheme.”

Mr Caudwell, who founded Phones4U, has previously described the location as being “the best site in the world but with some of the ugliest buildings”.

He hinted the stone-clad development, on 0.32 hectares of prime London, will be “very beautiful” and was planning on “many hundreds of millions” on it.

If planning is approved, the development is likely to be one of the world’s most exclusive, challenging One Hyde Park as the most expensive.

Mayfair prices continue to rise and some agents estimate the cost per sq/ft will soon exceed its next-door neighbour, Knightsbridge.

There are no plans for affordable housing on site, with Caudwell Properties offering to pay Westminster Council #8,128,000 instead.

Charities and the treasury also stand to reap the rewards if the project is given the go-ahead.

Architects' drawing of the planned luxury apartment block complex in Audley Street (RAMSA Architects / SWNS)
Architects’ drawing of the planned luxury apartment block complex in Audley Street (RAMSA Architects / SWNS)

Mr Caudwell – who is one of Britain’s highest taxpayers – is well-known for his philanthropy and intends to donate his wealth to good causes.

Stamp Duty alone could net the government more than #100 million.

Early indications show the ambitious plans have been met with support from locals, who want rid of the 1960s eyesore currently on site.

However, the site is surrounded by some very rich and influential people who may not be happy with years of drilling and building work.

Ms Fatemi added: “The project will have a lower ground floor and 4 basement levels, this will be a major engineering scheme.

“The neighbours are powerful and include the Embassy of Qatar, the Dorchester Hotel and very wealthy apartment owners who will expect the site construction to be managed to the highest levels to ensure no noise or construction impact and they will expect constantly clean roads.”

If given the go-ahead, Audley Square House will be Mr Caudwell’s latest contribution to Mayfair’s revival.

The businessman owns two separate properties which back onto each other and is spending millions converting them into one mega-mansion.

He also owns a mansion next door to the proposed development, which he has previously put on the rental market for #15,000 per week.

It will also continue the incredible rags to riches life of one of Britain’s wealthiest men.

In the late 1980s Caudwell was living in a caravan when he bought 26 mobile phones to re-sell. They took a year to sell, but this spawned Phones4U which he went on to sell for #1.5 billion in 2006.

A spokesperson for the project yesterday (Thurs) declined to comment.

Previous Post

A mum has given birth to triplets – who are three YEARS apart in age

Next Post

Almost 30 inmates have vanished from Britain’s softest prison at Ford, Sussex – some for more than 10 years – including killers and armed robbers

Next Post
Almost 30 inmates have vanished from Britain’s softest prison at Ford, Sussex – some for more than 10 years – including killers and armed robbers

Almost 30 inmates have vanished from Britain's softest prison at Ford, Sussex - some for more than 10 years - including killers and armed robbers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 114 Followers
  • 60k Followers
  • 172k Subscribers
  • 23.6k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

March 5, 2014
The top ten most well-known bingo phrases

The top ten most well-known bingo phrases

January 21, 2014
The horses thunder towards a jump at the Grand National

Amazing racehorse names which never made it

April 23, 2014
HGH Injections Brands: Which Ones Are Best?

HGH Injections Brands: Which Ones Are Best?

January 14, 2019
Chris Fear, 33, outside the Coral betting shop which is refusing to pay out on his 485/1 winning bet

Boycott Coral! Bookmaker faces protest after refusing to pay out on a football fan’s 485/1 bet

184
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

147
Women feel invisible to the opposite sex at the age of 51, researchers found

Women begin feeling invisible to men ‘when they turn 51’

138
UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

105
How Amazon changed the way we shop

How Amazon changed the way we shop

June 29, 2022
Which elements should you have for a good landing page?

Which elements should you have for a good landing page?

June 27, 2022
4 IT Services Trends in 2022

4 IT Services Trends in 2022

June 24, 2022
Top 5 New Technologies in the Payment Industry For 2022

Top 5 New Technologies in the Payment Industry For 2022

June 15, 2022

Recent News

How Amazon changed the way we shop

How Amazon changed the way we shop

June 29, 2022
Which elements should you have for a good landing page?

Which elements should you have for a good landing page?

June 27, 2022
4 IT Services Trends in 2022

4 IT Services Trends in 2022

June 24, 2022
Top 5 New Technologies in the Payment Industry For 2022

Top 5 New Technologies in the Payment Industry For 2022

June 15, 2022
SWNS

SWNS all rights reserved. Copyright 2020

Follow Us

Browse by Category

  • Auto
  • Blog
  • Business
  • Celebrity
  • Gaming
  • Life
  • Lifestyle
  • News
  • Pictures
  • Property
  • Review
  • Sport
  • SWNS
  • Tech
  • Travel
  • Uncategorized

Recent News

How Amazon changed the way we shop

How Amazon changed the way we shop

June 29, 2022
Which elements should you have for a good landing page?

Which elements should you have for a good landing page?

June 27, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.

No Result
View All Result
  • Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.