{"id":146423,"date":"2024-12-02T15:34:49","date_gmt":"2024-12-02T15:34:49","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=146423"},"modified":"2024-12-02T15:34:49","modified_gmt":"2024-12-02T15:34:49","slug":"2bn-1-mayfair-residential-scheme-tops-out","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/projects\/2bn-1-mayfair-residential-scheme-tops-out\/146423\/","title":{"rendered":"\u00a32bn ‘1 Mayfair’ residential scheme tops out"},"content":{"rendered":"

The world’s most prestigious residential scheme, 1 Mayfair<\/a>, is well on track for its 2026 completion following topping out by luxury developer Caudwell<\/a><\/h2>\n

It is the largest residential project in Mayfair, with a six-year construction programme that started in 2020.<\/p>\n

The basement and structure of 1 Mayfair have now been completed. The next phases of construction include finishing the shell and core works and services and installing and crafting\u00a0the Portland stone fa\u00e7ades.<\/p>\n

Caudwell has overseen the development’s construction, with architecture from the New York-based Robert A.M. Stern Architects, Mace<\/a> acting as the construction manager, and PJ Carey responsible for the basement\u2019s substructure and superstructure.<\/p>\n

Completion of the \u00a32 billion residential scheme is scheduled for Spring 2026.<\/p>\n

The most exciting new development in Mayfair in over 300 years<\/h3>\n

The development is designed as the world’s most prestigious residential address, with apartment prices starting from \u00a335 million.<\/p>\n

The 300,000 sq. ft. luxury building<\/a> is located by Park Lane and Hyde Park and occupies half an entire city block. Its fa\u00e7ades front onto South Audley Street, Hill Street, and Waverton Street.<\/p>\n

It includes 24 principal residences, lateral apartments, penthouses, and townhouses\u2014offering up to eight bedrooms\u2014five pieds-\u00e0-terre, entertaining halls, and lounges, all designed around a central garden.<\/p>\n

The basement is extensive, reaching 27 metres below ground level at its deepest. It will house a health spa with a 20-metre swimming pool, parking, and other amenities.<\/p>\n

Services will be offered alongside the health spa, including basement parking, 24-hour security, concierge, hotel-style services, and valet parking. The building will also feature 15 passenger and goods\/staff lifts and two car lifts.<\/p>\n

It has the world\u2019s longest \u201cwaiting list\u201d of centi-millionaires and billionaires. Over 600 registered, qualified UHNW people have registered an interest in buying a residence.<\/p>\n

A topping-out ceremony was held<\/h3>\n

The final steel rafter, one of 79 at roof level, was placed on top of the nine-storey main apartment building, marking a topping-out event.<\/p>\n

It was attended by Caudwell\u2019s senior team, including the founder, John Caudwell, the company director, Richard Bosson, and CEO Uri Mizrahi, along with chief construction officer Kevan Buckley, as well as representatives of the other firms involved in the construction. They all signed the final rafter beam with their signatures.<\/p>\n

John Caudwell, British businessman, philanthropist and founder of Caudwell, said: \u201cThe topping out marks the completion of the structure and basement of 1 Mayfair and underlines the advanced stage of the project\u2019s 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.\u201d<\/p>\n

Dan Lobitz, partner at RAMSA, said: \u201cThe design of 1\u00a0Mayfair\u00a0<\/strong>has adapted Mayfair\u2019s architectural traditions for the way people live today. The exterior fa\u00e7ades reinterpret Georgian architectural precedents with finely carved Portland stone cladding, handcrafted metalwork and large timber windows that maximise views and natural light. Internal spaces draw inspiration from the classical layouts of historic English houses.<\/p>\n

“Because 1 Mayfair occupies a large city block site we were able to create a building with a complex footprint, designed around a central garden, with large floor plates that afford the residences generously sized principal rooms.\u201d<\/p>\n

Handcrafted workmanship<\/h3>\n

The 23,279 pieces of hand-set Portland stone, steel and other reinforcements that will be used to clad and complete 1 Mayfair weigh over 9,800 tonnes. Designers, specialist craftspeople, and artisans from countries such as Britain, Italy, France, and America are creating the architectural details of the fa\u00e7ades and interiors.<\/p>\n

Features will include porticoed entrances, 648 timber<\/a> windows, each handcrafted by English window makers Mumford & Wood, 21 sculptural balconies, colonnades and a tiered fa\u00e7ade to the uppermost floors providing pavilions with high ceilings opening onto private rooftop terraces. Craftspeople will also be finishing the internal fit-out of the handcrafted interiors.<\/p>\n

Including a rotunda featuring a ceiling with hand-painted frescos, a grand reception room with a double height ceiling and 18ft (5.5m) high French windows overlooking the garden, a Crystal Gallery, created from over 1,264 hand-set, cast glass pieces, providing a contemporary take on the Hall of Mirrors in the Palace of Versailles, The Library and a Garden Gallery, with seating areas opening directly onto the central courtyard garden.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

The world’s most prestigious residential scheme, ‘1 Mayfair,\u2019 is well on track for its 2026 completion following topping out by luxury developer Caudwell.<\/p>\n","protected":false},"author":32,"featured_media":146426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[172731],"tags":[947,747],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-146423","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-projects","8":"tag-london","9":"tag-property"},"acf":[],"yoast_head":"\n\u00a32bn '1 Mayfair' residential scheme tops out<\/title>\n<meta name=\"description\" content=\"The world's most prestigious residential scheme, '1 Mayfair,\u2019 is well on track 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