Listing of the Day
Location: London, United Kingdom
Price: £2.35 million (US$3 million)
Rather than sitting at the very top of the 58-story tower, all of Canary Wharf Group’s Loft “penthouses” are actually on the lower levels of its new residential tower, One Park Drive in London.
One of the priciest–and most luxurious–of these Loft apartments, the three-bedroom Apartment 902 on the ninth floor has a large wrap-around terrace that faces both south and east, with terrific views out over the water and parkland.
The eye-catching circular tower is in the celebrated and fast-moving Canary Wharf section of the city. It is the first residential building in London by acclaimed architects Herzog & de Meuron and will be one of the tallest residential towers in the capital.
“In London, there is a tendency to go for very sleek buildings,” said Tom Rundall, a partner with Knight Frank, which is jointly selling One Park Drive with CBRE.
“This one is more angular. It will be very striking.”
“In terms of Canary Wharf, this is the jewel in the crown,” he said. “Everybody recognizes it as the best building in Canary Wharf.”
Sales of the 483 luxury apartments at One Park Drive were launched on May 4 and “have gone very well,” Mr. Rundall said. “In the first month alone, we sold 150.”
“We’re seeing a really healthy mix of investors, end-users/owner-occupiers and international purchasers,” he said.
There are 60 Loft apartments in One Park Drive, all of which are located on Levels 2 through 9 (equivalent to Levels 3 to 10 in the U.S.). These bigger apartments at the base of the building, which Knight Frank is describing as “inverted penthouses,” are designed to take advantage of the proximity to the water.
With interiors designed by Bowler James Brindley, there are high curving ceilings. The free-flowing and open space is divided with sliding walls and pivoted screens.
The kitchen has a curving walnut veneer ceiling installation that reflects the circular style of the building. The flooring is kept seamless with gray industrial resin throughout.
In the master bedroom, there are warm walnut wardrobes in the dressing areas. A cylindrical shower in the master bath further brings the exterior shape to the inside of the apartments.
Construction work on the site began last year. “They are building the concrete frame at the moment–they’re up to Level 10 or 11,” Mr. Rundall said. “It’s quite a long build program,” with completion expected in 2020.
Apartment 902 has three bedrooms, two bathrooms and 1,665 square feet of interior space. There is also 531 square feet of exterior space on the terrace.
Swiss architects Jacques Herzog and Pierre de Meuron have one of the most highly respected architectural firms in the world. Their projects include the new Tate Modern extension, the conversion of Bankside power station into the Tate Modern, and Beijing’s Olympic “Birds Nest” stadium. In New York, they designed 56 Leonard Street.
The firm has also been commissioned to design Chelsea Football Club’s new stadium, which is due for completion in 2021. Herzog and de Meuron have been awarded numerous prizes including the Pritzker Architecture Prize in 2001.
Amenities include a lobby with concierge, library, screening room, and a modern fitness suite, including a gym, steam room, sauna and a 20-meter swimming pool overlooking the water.
Canary Wharf is named after the bananas that were shipped to this former dock from the Spanish Canary Islands. Until the 1950s the area was a bustling industrial port, but like so many other ports, the growth of aviation and the modernization of the shipping industry led the area to fall into post-industrial decline.
In the 1980s, the Thatcher government invested heavily in the area and a wholesale regeneration of the area was launched. This coincided with the big bang in financial services and Canary Wharf became a thriving business district, home to some of the biggest banks and financial services firms in the world.
Canary Wharf’s profile is changing fast, with a growing number of startups and media companies increasingly attracted to the area because of its innovative tenant base, convenient transportation connections and expanding leisure facilities.
Agent: Tom Rundall, Knight Frank
Write to Listing of the Day
Follow Mansion Global:Facebook | Twitter | Instagram | LinkedIn | Messenger
Write to us: firstname.lastname@example.org