One Hyde Park Opened: The Home For Super Rich

One Hyde Park Opened: The Home For Super Rich

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Today is the Grand Opening of One Hyde Park, the most expensive residential development in the world. It is situated in London's Knightsbridge and consists of 4 main buildings connected to each other with total area of 65000sg.m. The development consists of 86 luxury apartments and three boutiques. In the late 2006 an old building on today's development site was demolished and the main construction work was carried in 2007- 2010. The One Hyde Park was designed by Rogers Stirk Harbor + Partners, an exclusive interior design was made by Candy & Candy, and Laing O'Rourke was the General contractor.

The luxurious residential development is owned by Project Grande Guernsey Limited (PGGL), a joint venture between Candy&Candy - the company of the famous luxury home developer brothers Nick Candy and Christian Candy, and Sheikh Hamad bin Jassim bin Jaber al-Thani - the Prime Minister and Minister of Foreign Affairs of Qatar. Project was financed via development loan from German Eurohypo AG bank. Maintenance of the development will carry the neighboring Mandarin Oriental hotel which is the first "residential experience" for the company in Europe. There are about 350 guests invited to the Opening for who cooked the celebrity chefs Heston Blumenthal and Daniel Boulud.

Despite the continuing steady decline in the cost of housing in the UK, the price of apartments in One Hide Park starting at around £ 20 million, and late last summer one of its penthouses have been sold for a record sum for the country, at £ 140 million (approximately US$ 222m). The six-bedroom Penthouse stretches across two floors and has a wonderful panoramic view through bullet-proof windows to the main sight of Hyde Park- Serpentine Lake. Despite 24 hour protection from SAS-trained security guards, this apartment also equipped with so-called "safe room", where you can hide in the event of a break-in, home invasion, or other threat (as in the American thriller "Panic Room" by David Fincher). Name of the purchaser of this penthouse is kept in strict confidence, but some high-end realtors suggest a possible buyer from the Middle East or Nigeria.