One Hyde Park
Encyclopedia
One Hyde Park is a major residential and retail complex located in London
, United Kingdom
. The development includes three retail units (Rolex
, McLaren Automotive
and Abu Dhabi Islamic Bank
) totalling 385000 sq ft (35,767.7 m²) and 86 residential properties marketed with prices starting at around £20 million. The building is owned by Project Grande (Guernsey) Limited (PGGL), a joint venture between the Christian Candy owned CPC Group and Sheikh Hamad bin Jassim bin Jaber Al Thani
, the Prime Minister and Minister of Foreign Affairs of Qatar
. It was designed by Rogers Stirk Harbour + Partners
, built by Laing O'Rourke
and was financed via a £1.15 billion development loan from Eurohypo AG
. Candy & Candy were the development managers and interior designers for the scheme.
The building is located in the Knightsbridge
area of central London
, adjacent to Hyde Park
and the Mandarin Oriental Hyde Park
. The actual address is One Hyde Park: The Residences at Mandarin Oriental, 100 Knightsbridge, London, SW1X 7LJ.
would be opening a car showroom in the building in early 2011. However, a newspaper report at the time of the development's launch party in January 2011 indicated that according to Land Registry
records the sale of only two properties had been completed - the 'recordbreaking' £140 million penthouse being sold to the development's own financial backer Sheik Hamad bin Jassim bin Jaber Al Thani for £40.5 million in August 2010, and an adjoining penthouse to One Hyde Park developer Christian Candy, who reportedly paid £31 million, "about £100 million less than the asking price".
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. The development includes three retail units (Rolex
Rolex
Rolex SA is a Swiss watchmaking manufacturer of high-quality, luxury wristwatches. Rolex watches are popularly regarded as status symbols and BusinessWeek magazine ranks Rolex No.71 on its 2007 annual list of the 100 most valuable global brands...
, McLaren Automotive
McLaren Automotive
McLaren Automotive, commonly referred to as McLaren, is a British automotive manufacturer of high-performance vehicles. The company was established as McLaren Cars in 1989 as a producer of road cars based on Formula One technology...
and Abu Dhabi Islamic Bank
Abu Dhabi Islamic Bank
Abu Dhabi Islamic Bank is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates.-Establishment:Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997...
) totalling 385000 sq ft (35,767.7 m²) and 86 residential properties marketed with prices starting at around £20 million. The building is owned by Project Grande (Guernsey) Limited (PGGL), a joint venture between the Christian Candy owned CPC Group and Sheikh Hamad bin Jassim bin Jaber Al Thani
Hamad bin Jassim bin Jaber Al Thani
style="float:right;"| Sheikh Hamad bin Jassim bin Jaber bin Muhammad Al Thani is a Qatari politician and the current Prime Minister of Qatar, a position he has held since 3 April 2007, and Foreign Minister, which he has been since 11 January 1992.-Life and education:Sheikh Hamad was born in Doha,...
, the Prime Minister and Minister of Foreign Affairs of Qatar
Qatar
Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
. It was designed by Rogers Stirk Harbour + Partners
Rogers Stirk Harbour + Partners
Rogers Stirk Harbour + Partners is a British architectural firm. Established in 2007, it was previously known as the Richard Rogers Partnership....
, built by Laing O'Rourke
Laing O'Rourke
Laing O'Rourke is a multinational construction company headquartered in Dartford, United Kingdom. It was founded in 1978....
and was financed via a £1.15 billion development loan from Eurohypo AG
EuroHypo
Eurohypo is a European real estate bank and based in Eschborn, Frankfurt. Eurohypo is 100% owned by Commerzbank. It is the eleventh-largest bank in Germany with a balance sheet of € 214.2 billion in 2007....
. Candy & Candy were the development managers and interior designers for the scheme.
The building is located in the Knightsbridge
Knightsbridge
Knightsbridge is a road which gives its name to an exclusive district lying to the west of central London. The road runs along the south side of Hyde Park, west from Hyde Park Corner, spanning the City of Westminster and the Royal Borough of Kensington and Chelsea...
area of central London
Central London
Central London is the innermost part of London, England. There is no official or commonly accepted definition of its area, but its characteristics are understood to include a high density built environment, high land values, an elevated daytime population and a concentration of regionally,...
, adjacent to Hyde Park
Hyde Park, London
Hyde Park is one of the largest parks in central London, United Kingdom, and one of the Royal Parks of London, famous for its Speakers' Corner.The park is divided in two by the Serpentine...
and the Mandarin Oriental Hyde Park
Mandarin Oriental Hyde Park, London
Mandarin Oriental Hyde Park, London is a five-star hotel, located in the exclusive Knightsbridge district of London, owned and managed by Mandarin Oriental Hotel Group. Housed in a historic, Edwardian-style building, the hotel originally opened its doors to the public as the Hyde Park Hotel in 1902...
. The actual address is One Hyde Park: The Residences at Mandarin Oriental, 100 Knightsbridge, London, SW1X 7LJ.
History
Planning consent for the building was granted in June 2006. Demolition of the previous building on the site took place between July and December 2006. Construction work began in January 2007. The superstructure of the building was completed in March 2009. Fitting-out of the building began in April 2009. In August 2010 a penthouse in the development was rumoured to be sold for £140 million, making it the most expensive residential property in Britain. Also in that month it was announced that McLaren AutomotiveMcLaren Automotive
McLaren Automotive, commonly referred to as McLaren, is a British automotive manufacturer of high-performance vehicles. The company was established as McLaren Cars in 1989 as a producer of road cars based on Formula One technology...
would be opening a car showroom in the building in early 2011. However, a newspaper report at the time of the development's launch party in January 2011 indicated that according to Land Registry
HM Land Registry
Land Registry is a non-ministerial government department and executive agency of the Government of the United Kingdom. It was created in 1862 to register the ownership of land and property in England and Wales...
records the sale of only two properties had been completed - the 'recordbreaking' £140 million penthouse being sold to the development's own financial backer Sheik Hamad bin Jassim bin Jaber Al Thani for £40.5 million in August 2010, and an adjoining penthouse to One Hyde Park developer Christian Candy, who reportedly paid £31 million, "about £100 million less than the asking price".
Notable residents
- Sheikh Hamad bin Jassim bin Jaber Al ThaniHamad bin Jassim bin Jaber Al Thanistyle="float:right;"| Sheikh Hamad bin Jassim bin Jaber bin Muhammad Al Thani is a Qatari politician and the current Prime Minister of Qatar, a position he has held since 3 April 2007, and Foreign Minister, which he has been since 11 January 1992.-Life and education:Sheikh Hamad was born in Doha,...
, the Prime Minister and Minister of Foreign Affairs of QatarQatarQatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its... - Christian CandyChristian and Nick CandyChristian Candy and Nick Candy are British businessmen specialising in the luxury housing market. They were educated in Epsom College . In 1995, the brothers bought their first property, a one-bedroom flat in Redcliffe Square, Earls Court, London...
, One Hyde Park developer - Kylie MinogueKylie MinogueKylie Ann Minogue, OBE - often known simply as Kylie - is an Australian singer, recording artist, songwriter, and actress. After beginning her career as a child actress on Australian television, she achieved recognition through her role in the television soap opera Neighbours, before commencing...
, Australian pop singer, songwriter and actress - Rinat AkhmetovRinat AkhmetovRinat Leonidovych Akhmetov is a Ukrainian businessman. He is the founder and President of System Capital Management, and is ranked among the wealthiest men in the nation. Akhmetov is also the owner and President of the Ukrainian football club Shakhtar Donetsk...
, Ukrainian business oligarch - Vladimir KimVladimir KimVladimir Sergeyevich Kim is a Kazakhstan businessman of Korean descent.Kim is chairman of the copper mining company Kazakhmys, which is quoted on the London Stock Exchange. He owns around 45% of the firm....
, Kazakhstani businessman of Korean descent