British entrepreneur John Caudwell has tapped Robert A.M. Stern to design what will be the U.K.’s most expensive apartments.
The roughly $3 billion, nine-story development, known as Audley Square House, will transform a 1960s parking lot in London’s Mayfair district into one of the most exclusive buildings in the city, according to Curbed.
Caudwell has said that he is developing “quality over quantity,” and will be sacrificing square footage in the process. When completed, the project will contain a mix of townhouses and penthouses.
The five townhouses and three of the penthouses will have a private gym and swimming pool. Caudwell’s snazzy plan still needs approval though, and his neighbors just might object to nine-story building towering over their pricey pads.
However, the project is still awaiting approval. [Curbed] —Christopher Cameron