Specialist prime property developer Fenton Whelan has officially launched Park Modern, a 190,000-sq-ft luxury development facing south over Hyde Park and Kensington Palace Gardens.
The £500million (GDV) project will deliver 57 one- to six-bedroom residences, including spectacular lateral apartments, three trophy penthouses, mews houses and 30,000 sqft of five-star hotel style amenities including a concierge, residents’ lounge, signature restaurant and cafe, porte cochère with valet parking, and a wellbeing floor with a 25-metre pool, gym, spa, cinema, and treatment salon.
Park Modern is located on Bayswater Road, at the entrance to Queensway, providing front-row views over Hyde Park and Kensington Palace Gardens. The contemporary design by architect Lee Polisano of PLP Architecture represents Hyde Park’s finest park-side architecture to date.
Invited guests joined the virtual virtual launch event, enjoying contributions from the developer, architect and expert estate agents as well as previously unseen state-of-the-art animation of the completed Park Modern alongside stunning aerial footage of Hyde Park.
Park Modern provides luxurious accommodation on nine floors, offering generous ceiling heights and floor-to-ceiling glazing opening onto private terraces, giving residents spectacular south-facing views of the park and city skyline. The development has exceptional features such as exclusive porte cochère (luxury covered vehicle entrance), valet parking, custom-design concierge desk, two lounge areas and lift lobby areas finished in stone and bronze. A residents’ lounge and library complements the 6,200-sq-ft signature restaurant and café. Below ground the wellbeing floor has a 16-sofa-seat cinema, a glass-walled gymnasium and an adjoining spa and leisure suite with an 82-ft (25-metre) swimming pool and jacuzzi, bordered by leisure decks with loungers, steam room, sauna, treatment room and salon.
The 52 apartments, three penthouses and two mews houses offer a creative mixture of floor plans with sizes, layouts and features to match every lifestyle. The one- and two-bedroom apartments are up to 1,600 sq ft in size, with private balconies to all park-facing properties, on the first to fourth floors. The three- and four-bedroom apartments, up to 3,000 sq ft in size, are on the fifth to seventh floors providing generous reception rooms opening onto large terraces, family kitchen/breakfast room and principal bedroom suite with walk-in dressing room and bathroom fitted with bookmatched marble.
Three penthouses on the eighth and ninth floors provide 16,500 sq ft of living space and 5,600 sq ft of private wrap around terraces. The nonth-floor penthouse has over 7,000 sq ft of lateral living space completely surrounded by over 2,400 sq ft of terracing. Features include high ceilings of at least three metres, three large reception rooms, a principal bedroom suite with two walk-in dressing rooms and a two master bathrooms, five further bedrooms, all with en suites, and a staff studio. Two lifts provide direct access to the panoramic views of Hyde Park. Penthouse buyers can work with Fenton Whelan to fully customise the design of the apartment and roof terraces.
Every apartment features full-height doors, custom-design kitchens with Gaggenau appliances, bespoke joinery including built-in wardrobes, shelving and cabinets, Villeroy & Boch washlets, comfort cooling and underfloor heating and data infrastructure for home working and entertaining.
Another key benefit of Park Modern is the £18million+ in public contributions agreed between Fenton Whelan and Westminster City Council which include new twin Royal Park gates and landscaping providing a magnificent new pedestrian gateway into Kensington Gardens, located directly opposite Park Modern, alongside investment in improving pavements, street lighting and landscaping in the area. The developers are providing an £11million contribution to affordable housing for London residents.
Fenton Whelan has already achieved forward sales for all of the first phase release of residences in the development at a record price for homes on the northern boundary of Hyde Park. The main launch of Park Modern is now taking place with the second phase release of residences including the upper floor apartments and penthouse collection.
Sanjay Sharma, co-founding director of Fenton Whelan, said: “Front row on the park, Park Modern is perfect for those looking to enjoy an exceptional quality of life and wellbeing in the heart of Prime Central London”
James Van Den Heule, co-founding director of Fenton Whelan, said: “The Prime Central London housing market has roared back to life. Prior to the main launch of Park Modern we have already pre-sold £100million worth of apartments to buyers from Britain, Europe, US, Hong Kong, mainland China and the Middle East at values approaching £5,000 per sqft. There is a real pent-up demand out there and UK and international buyers want to get in early on the best properties before they are snapped up.
Construction of Park Modern is well underway, scheduled for topping out in late 2021 and final build completion in 2022. Interested buyers can tour Park Modern remotely from anywhere in the world, via state-of-the-art virtual tour and film footage or they can visit the Park Modern marketing suite which has a scale model and state-of-the-art 3D technology and animaton showing how the completed Park Modern will look.
Prices at Park Modern start from £2million for a one-bedroom apartment up to £60million for the main penthouse. Find out more at www.parkmodern.com.
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