Written on 13 April 2015 by Alistair Boscawen in Property News
Phones4U billionaire John Caudwell has revealed plans for a £2bn apartment block in the centre of Mayfair.
The development will include 30 “super prime” flats and townhouses. A planning application for the 200,000 square feet “neo-classical” project on the site of a 1960s multistorey car park was sent to Westminster Council this week.
If approved, the development could rival One Hyde Park in Knightsbridge, where a penthouse sold for a record-breaking £140m in 2010
Homes in the new Audley Square House project have the potential to fetch a record £7,000 per square foot and could even become the first to break the £10,000 barrier.
The block will have nine storeys above ground topped by two duplex and one triplex penthouses. There will also be five basement levels, including two for car parking.
For more information click on the link below:
Image credit: Paul Farmer
