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The first details of pricing at billionaire John Caudwell's spectacular £2 billion 1 Mayfair development emerged after a traditional “topping out” ceremony at the weekend to mark a key stage in the construction of the building.
The development has 24 “principal residences” including apartments, penthouses and townhouses with five further small apartments - or pieds-à-terre - on site.
Construction began in 2020 and the building includes an extensive basement which houses a health spa, swimming pool and underground parking, with 1 Mayfair also having a concierge service.
Apartment prices will start from £35m and the developer claims there is a 600-long waiting list of ultra-high-net-worth individuals who have registered an interest in living at 1 Mayfair.
The 300,000 sq ft development has been constructed by Mace and designed by architects Robert A.M. Stern Architects, or RAMSA.
John Caudwell, founder of Caudwell, commented: “The topping out marks the completion of the structure and basement of 1 Mayfair and underlines the advanced stage of the project’s construction.
“1 Mayfair will deliver a legacy for London in the form of a landmark residential scheme that is timeless in terms of its architecture, design and build quality, setting a benchmark for London living and luxury design for centuries to come.
Call Trinity Specialist Finance to secure a multi mullion mortgage on 020 7016 6151 or book a consultation
The information contained within was correct at the time of publication but is subject to change.
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