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A £500 million luxury development that provides stunning views of Hyde Park and Kensington Palace Gardens has commenced construction in Central London, with 57 residences up for grabs, priced between £2 million and £60 million.
Bdaily reports that the development, called Park Modern, will offer London’s super-rich the opportunity to buy a luxury property with incredible views over the capital’s Royal Parks. Construction of Park Modern is well underway and is scheduled for a final build completion next year.
However, you might need to get a move on, as developer Fenton Whelan has already sold £100 million worth of apartments to buyers from Britain, Europe, the US, Hong Kong, mainland China and the Middle East.
Park Modern is located in Bayswater Road, at the entrance to Queensway, and was designed by architect Lee Polisano of PLP Architecture. The accommodation is across nine floors and features floor-to-ceiling windows that lead to private terraces.
The £60m property is the development’s ninth-floor penthouse property and has over 7,000 square feet of living space surrounded by over 2,400 square feet of terracing.
Sanjay Sharma, the director of developer Fenton Whelan, said: “Front row on the Park, Park Modern is perfect for those looking to enjoy an exceptional quality of life and wellbeing in the heart of Prime Central London.
“With a spectacular south-facing aspect, Park Modern beautifully harmonises with the surrounding architecture and Hyde Park.”
James van den Heule, who co-founded Fenton Whelan with Sharma, said the with the global vaccine rollout, the firm has seen buyers venture out after the lockdown and make offers on the apartments.
“There is a real pent-up demand out there and UK and international buyers want to get in early on the best properties before they are snapped up,” he said.
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