Mace construction manager on scheme featuring homes with prices starting at 拢35m
Housing developer Caudwell has topped out a 拢2bn scheme in Mayfair that is being billed as the most luxurious residential development in the world.
The 1 Mayfair scheme takes up half a city block in the prime central London neighbourhood but will contain just 24 homes, with prices starting at 拢35m.
Construction of the scheme鈥檚 superstructure and 27 metre-deep basement has now been completed by Careys, with full completion expected for spring 2026.
Mace is construction manager on the project, which has been designed by New York architect Robert Stern and started development in 2020.
Once complete, it will offer residents five-star 鈥榟otel-style鈥� services including a concierge, valet parking, 24-hour security, a health spa and a 20 metre swimming pool.
Its homes are a mix of townhouses, penthouses and apartments set around a central garden, with the building containing numerous entertainment spaces, lounges and an entrance rotunda with a hand-painted fresco ceiling.
Residents will also have use of a 鈥渃rystal gallery鈥� containing more than a thousand cast-glass pieces which is intended as a contemporary take on the Hall of Mirrors at the Palace of Versailles.
John Caudwell, the founder of Caudwell Group, said the scheme鈥檚 topping out marked the advanced stage of construction for a project which will be 鈥渢imeless in terms of its architecture, design and build quality, setting a benchmark for London living and luxury design for centuries to come鈥�.
Caudwell, who founded phone retailer Phones 4u and is now estimated to be worth around 拢1.6bn, gave the Conservative party 拢500,000 before the 2019 general election but switched his support to Labour this year, saying the party under Keir Starmer was committed to GDP growth.
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