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Macdonald House at 1-3 Grosvenor Square. View to the building from Grosvenor Street

Macdonald House at 1-3 Grosvenor Square. View to the building from Grosvenor Street

September 2009
No 1 Grosvenor Square in October 2016

No 1 Grosvenor Square in October 2016

23.10.2016
No 1 Grosvenor Square Considerate Constructors poster

No 1 Grosvenor Square Considerate Constructors poster

23.10.2016
No 1 Grosvenor Square, view from Grosvenor Street

No 1 Grosvenor Square, view from Grosvenor Street

23.10.2016
No 1 Grosvenor Square hoarding

No 1 Grosvenor Square hoarding

23.10.2016
Screen capture of the development page at www.lodhagroup.co.uk/1-grosvenor-square

Screen capture of the development page at www.lodhagroup.co.uk/1-grosvenor-square

30.06.2017

No 1 Grosvenor Square

Address:
1-3 Grosvenor Square, London W1K 4AB
Type:
Residential
Completion:
2019
Area:
135,000 sq ft
Flats:
44
Viewed:
17544

Description of No 1 Grosvenor Square

No 1 Grosvenor Square is a residential development on Grosvenor Square in Mayfair, London W1.

The office to the residential scheme by Lodha Group will provide 44 apartments over 7 storeys, as well as parking at basement level. 39 apartments and 5 duplexes.

Interior design by Yabu Pushelburg.

Marketed by Savills and Knight Frank.

HISTORY
The 7-storey 135,000 sq ft office building was called Macdonald House prior to reconstruction.

Canadian Embassy has resided in Macdonald House since 1961.

2014 November - Approval from Westminster City Council to turn offices into apartments. The sales agent was Savills.

2013 November - Indian real estate developer Lodha Group announces exchange of contracts to acquire Macdonald House for over £300 million.

Connected Companies

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Buildington Rating & Notes

News & Comments: (7)

Buildington
2017/06/30 07:49

Lodha launched No. 1 Grosvenor Square in the beginning of June 2017, reports The Indian Times.

The luxury apartments start at £ 7.5 million.

The website for the development can be found at www.lodhagroup.co.uk/1-grosvenor-square

Buildington
2017/05/25 12:19

Lodha UK will unveil its flagship development No.1 Grosvenor Square this summer, says investment company Cain Hoy.

Buildington
2017/05/14 15:01

Lodha will formally launch No.1 Grosvenor Square project once the show flat is completed in May, reports Live Mint.

A select pre-launch sales have already been sold for over £6,000 per sq. ft, one of the highest prices that any project with an Indian connection has ever achieved.

Source: Indiabulls Real Estate, Lodha readying London projects - Live Mint livemint.com

Buildington
2014/11/15 09:28

MSMR's proposal for 1-3 Grosvenor Square has won an approval from Westminster Council's planning committee.

The office to residential scheme for Lodha Group will provide 41 apartments over 7 storeys, as well as parking at basement level.

MSMR developed a proposal that retains the principle façades to allow reconstruction of the entire property behind.

1 -3 Grosvenor Square currently serves as the Canadian High Commission but was disposed by the Canadian Government last year in a move to consolidate their London presence at Canada House on Trafalgar Square.

Source: MSMR www.msmrarchitects.co.uk 12. November 2014

Buildington
2013/11/29 12:38

India’s largest real estate developer Lodha Group has exchanged contracts to acquire MacDonald House from the Canadian Government for a consideration of over GBP 300 million (over INR 3000 crores). Located on Grosvenor Square, this prominent building bears the address of 1 Grosvenor Square and is touted as the most prestigious address in the world.

Commenting on the closure of the deal, Abhinandan Lodha, Deputy Managing Director of Lodha Group said “London and the United Kingdom offer significant opportunities for a high quality developer focussed on creating a large scale housing development business there. We plan to focus on Mumbai and London as our two main markets and serve London in the same manner that we serve Mumbai – with world class products intended to serve all key market segments.

Historically, Indian companies have contributed in a wholesome way to the UK economy and we hope to continue in those footsteps by creating a significant number of jobs and providing excellent quality housing there.It is a very proud moment for our country that an Indian company has been chosen as the purchaser by the Canadian Government after a highly competitive bidding process involving top global developers and sovereign wealth funds.”

Further added Abhishek Lodha, Managing Director of Lodha Group “The acquisition of this marquee asset overlooking London’s most renowned garden square, in the heart of Mayfair and in close proximity to Bond Street& Mount Street is a great opportunity for our company.1 Grosvenor Square is the best address in the world and we will create a world class development which befits the status of this address. We thank everyone associated with us in completing this transaction.”

Located on the corner of Grosvenor Square,the property is in the heart of London’s West End and is one of Mayfair’s most prominent buildings. The building first served as the High Commission for the United States of America and subsequently, as the High Commission for Canada. Lodha was advised by the London office of Knight Frank on this acquisition.

Source: Lodha Group www.lodhagroup.com 29.11.2013

Buildington
2013/09/09 15:54

The Canadian High Commission has announced the next step in its plans to consolidate its diplomatic activity in the UK in a single, central location in historic Canada House on Trafalgar Square. As part of these plans, its diplomatic premises on Grosvenor Square in Mayfair will be sold.

The Government of Canada received a strong response to its publicly advertised request for proposals for broker services. The international real estate advisor Savills was selected and awarded the contract.

“The Canada House project has entered an important phase,” said High Commissioner Gordon Campbell. “We have had exceptional interest in the property at 1 Grosvenor Square but an international firm like Savills will extend our reach to interested parties all over the world and help maximise the value of our building in Mayfair for the benefit of Canadians.”

Source: Savills

Mark Ridley, CEO of Savills UK said “Savills is delighted to have been selected by Canada to bring this important property to the market. Given its prominent location at 1 Grosvenor Square, we anticipate a very high level of interest.”

Tim Whitmey, Director in Savills Development team said: “This is without doubt one of the finest addresses in central London. We expect interest from all over the world, with both the hotel and residential sectors vying for this prime Mayfair destination.”

Buildington
2013/02/12 12:21

Canada has put the Macdonald House for sale for about $500m. Read more about it here: http://www.theglobeandmail.com/news/world/canada-puts-london-embassy-up-for-sale/article8381329/

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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