Mace and Ronson Capital Partners LLP celebrated the structural completion at Chiltern Place earlier this week.
At the event it was announced that over 50% of the development has been sold off-plan, with the majority of buyers being domestic owner occupiers.
Due for completion in 2017, Chiltern Place will be a collection of 55 one, two, three and four-bedroom apartments and penthouses over 15 storeys, as well as a four-storey townhouse.
Mace was appointed as principal contractor for the scheme in April 2015 and brings a wealth of experience of high-end residential construction delivery to the project.
Gerald M Ronson CBE, Executive Chairman of Ronson Capital Partners, said: “Located on a corner site next to Paddington Street Gardens, Chiltern Place offers exceptional homes in one of the capital’s most sought-after locations. The fact that we have already sold over 50% to date illustrates just how special they are. The unprecedented level of demand from domestic owner-occupiers, who form the majority of our purchasers, highlights the appeal of this development’s location and specification: this is a place where people want to live.”
Stephen Pycroft, Executive Chairman at Mace, said: “This is an important construction milestone for the project and we’re now well on the way to the completion of this prestigious new development. We have enjoyed a longstanding relationship with RCP dating back to our collaboration on Heron Tower and I’m delighted that we are again working together on another landmark building for the capital.”