Description of Berkeley Arcade Residences

Berkeley Arcade Residences is a residential-led development in Mayfair, London W1.

The property is prominently located on Curzon Street with a dual frontage to Stratton Street providing views to both Berkeley Square and Green Park. The existing building comprises 40,249 sq ft (NIA) of offices with vacant possession achievable in 2017 when the property can be repositioned as either prime offices or residential apartments within the core Mayfair markets for these uses.

History

April 2016 - DTZ Investors instruct Colliers and Savills jointly to market the freehold interest in 65 Curzon Street, Mayfair W1 for a quoting price of £80,000,000.

On 26 January 2016 Westminster City Council made a resolution to grant planning permission for demolition of existing building and redevelopment, including excavation, to create up to three basement storeys, ground and eight storeys to be used for up to 32 residential flats, creation of a ground floor arcade link between Stratton Street and Curzon Street for use as retail and/or restaurant uses (Classes A1 and A3). provision of up to 21 car parking spaces over the basement level, basement and rooftop plant areas. Creation of terrace/balcony areas on both elevations. Westminster City Council Ref. No: 15/07627/FULL

Summer 2015 - Planning application submitted.

Formerly knowns as the Nightingale House development.

Sources:
- Westminster City Council westminster.gov.uk
- DTZ Investors dtzinvestors.com

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