Luxury New Apartments Coming To Chelsea
Gulf Islamic Investments (GII), a Shariah-compliant global investment company, has announced a new venture with Marriott International Inc to create The Lucan development in Chelsea, bringing an exclusive collection of luxury apartments to one of London’s most sought-after residential districts.
off Sloane Avenue in the Royal Borough of Kensington and Chelsea, The Lucan comprises 31 individually designed residences in-house concierge services to deliver a luxurious lifestyle individualised for each resident.
The seven-floor property is projected for completion in 2024, with a show home available before then. The collection of 31 distinctive residences will exhibit architecture influenced by the culture and character of Chelsea, with unique finishes emblematic of Autograph Collection Hotels.
In a joint statement, Mohammed Alhassan and Pankaj Gupta, co-CEOs of GII, commented: “The Lucan represents a pivotal project for GII, marking our first foray as both investor and developer. Our intention is to deliver a boutique development that not only offers an exceptional quality of life, but one that matches the highest international standards for luxury lifestyle real estate. It is truly an honour to work with Marriott International, whose reputation for operational excellence and legendary service will bring world-class standards to discerning residents of The Lucan and validate the iconic real estate proposition that GII originally identified in one of London’s most prominent and sought-after neighbourhoods.”
Shreen Gupta, CEO of GRID Properties, said: “The UK has seen a blending of the high-end residential and hotel sector for some time now - with prime residential schemes understanding the value of amenity and concierge-style services. We are becoming known in the UK market for our quality and unique residential offers after our success at ELIE SAAB Residences at Hyde Park. This collaboration further cements our ability to collaborate effectively with prestigious global brands to offer HNW customers the luxurious and quality central London homes. We believe that this will be the start of a myriad of similar ventures across the capital and beyond, as developers and homeowners alike recognise the need for sublime residential property and convenient hospitality to be aligned more formally.”
Jaidev Menezes, regional vice president, Mixed-Use Development - EMEA, Marriott International said: “We are thrilled to announce The Lucan as our first standalone Autograph Collection Residences globally and equally delighted to be working with GII on one of their flagship assets in Europe. This agreement is a testament to the confidence that GII has in Marriott International and we are excited to play a meaningful role in GII’s vision for ‘The Lucan’. Through this collaboration, we look forward to delivering an exclusive lifestyle that is distinctive and unmatched in London.”
The Lucan will be designed by the international award-winning architectural firm Kohn Pedersen Fox Associates (KPF), complete with rich amenities and a refined atmosphere that are signature hallmarks of the Autograph Collection Hotels brand.
The Lucan will be managed by Marriott International and offer services including a 24-hour concierge, state-of-the-art gymnasium, porter services, and perks through Marriott Bonvoy – Marriott International’s travel programme. In addition, residents will have access to extensive à la carte services, including housekeeping, maintenance, and more.
Residences at The Lucan consist of one-, two- and three-bedroom properties ranging from 780 sq ft to 1,900 sq ft. Prices range from £3million to £5million. Find out more at www.gii.ae.
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