Tuesday 28 March 2017 – Media Release
Canary Wharf Group Launches Sales for Apartments at One Park Drive
- 483 luxury apartments on offer at One Park Drive, a 58-storey building designed by leading architects, Herzog & de Meuron in its first residential venture in the UK
- Eye-catching new images of the Herzog & de Meuron circular building revealed – set to define urban, stylish living in this exemplary corner of London
- UK buyers will have the first opportunity to purchase a landmark piece of architectural art
- Latest development in the transformation of the new district of Canary Wharf
- Apartments on sale from 4th May: www.canarywharf.com/residential/
Canary Wharf Group has today announced that its collection of exceptional apartments at One Park Drive will go on sale from 4th May, defining urban living within this instantly recognisable part of London. The new homes at One Park Drive, Herzog & de Meuron’s first residential project in the UK, will be launched first to UK-based buyers with prices for the 483 apartments in the 58-storey building starting from £575,000 for a studio, £750,000 for a one bed, £1,080,000 for a two bed and £1,625,000 for a three bed.
The critically acclaimed architecture firm has ensured that One Park Drive engages seamlessly with its surroundings, paying homage to its prominent waterfront location while at the same time, providing a natural circular contrast to its neighbours. This continues the trend of effortlessly blending past and present, a technique that won Herzog & de Meuron praise for its most recent project, the extension of the Tate Modern, which launched in 2016. The firm has also been commissioned to design Chelsea Football Club’s new stadium, which is due for completion in 2021.
Standing out amongst Canary Wharf’s famous skyline, the eye-catching apartment building, with its cylindrical appearance will form part of the new district of expansion in one of the city’s most celebrated areas. The next phase of Canary Wharf’s development will further accelerate the area’s transformation, which has already started to see organisations like Mayfair’s Arts Club commit to opening a new venue in the Docklands. Canary Wharf’s profile is changing fast, with a growing number of start-ups and media companies increasingly attracted to the area because of its innovative tenant base, excellent transport connections and expanding leisure facilities.
Meticulous attention has been paid to the design of this 58-storey building, ranging from cleverly concise studios to spacious four-bedroom penthouses. Three typologies – Loft, Bay and Cluster – powerfully expressed in the exterior and interiors have their own distinct personalities. Each apartment will offer generous views over the surrounding docklands and across London, while the layout of the building has been planned with privacy in mind, ensuring that no unit is overlooked.
Residents will also benefit from a lobby with concierge, a library, plus a screening room. There will also be a modern fitness suite, including a gym and 20-metre swimming pool overlooking the docks as well as a steam room and sauna.
Sir George Iacobescu, Chairman and Chief Executive Officer, Canary Wharf Group said: “Canary Wharf has always been pioneering in its approach to the built environment and urban design. One Park Drive, the first residential building by Herzog & de Meuron in the UK, will represent the best of Canary Wharf as our private Estate develops into a new destination for London. Herzog & de Meuron are a practice that we have long admired for their meticulous approach to design, their ability to challenge preconceived beliefs and conventional wisdom, delivering a truly remarkable finished product.
“One Park Drive will become a fixture on the London skyline and this launch represents a rare and very limited opportunity for people to buy a home in London. This more than just a building, it is a piece of art.”
Commenting on the project, Jacques Herzog, Herzog & de Meuron said: “Residential high rises are conventionally characterised by the negative qualities of sameness and too much repetition. One Park Drive has three distinct zones offering different types of accommodation that are clearly expressed offering a sense of individuality in a larger development.”
Brian De’ath, Director of Residential Sales, comments: “One Park Drive will define the standards by which all future residential projects will come to be measured. In terms of how it works, how it looks and the quality of every detail, it is something very special indeed.”
Canary Wharf’s new district comprises around two thirds residential properties, or approximately 3,300 new homes, a quarter of which will be affordable with the capacity in the future to build a further 400 new homes. The site will also create over 17,000 new jobs through hotel, leisure, construction and recreational facilities.
This milestone follows the launch of Canary Wharf Group’s first ever homes at 10 Park Drive in the summer of 2015. A Stanton Williams designed building, 10 Park Drive is a mid-rise 13 storey building adjoining a 42 storey tower, together containing 74 studios, 115 one-bedroom apartments, 141 two-bedroom apartments and 15 three-bedroom apartments.
Construction work on the site has already begun and completion of the first district of this development will follow the arrival of Crossrail in 2018. Once the Crossrail station opens, Canary Wharf will be only six minutes to Liverpool Street, within 39 minutes of Heathrow and moments from City Airport and international train services to Europe.
Internationally-renowned architects Herzog & de Meuron, Stanton Williams Architects, Allies and Morrison, Grid Architects, KPF, Darling Associates, Patel Taylor and Wirtz International have been appointed to design the first phase of buildings.
For more information about the new homes visit ww.canarywharf.com/residential or contact the sales team at Canary Wharf Residential on +44(0)20 7001 3800.
Construction work on the site began last year and the first district is expected to complete in 2019.
For further information, please contact:
Canary Wharf Group
+44 (0)20 7418 2326
+44 (0)20 7592 1200
NOTES TO EDITORS
About Canary Wharf Group
Canary Wharf Group plc has overseen the largest urban regeneration project ever undertaken in Europe, designing and building more than 17m sq ft of London real estate, which now houses local and international companies and renowned retailers.
The Canary Wharf Estate is a major retail destination comprising around 1m sq ft across five shopping malls, including the award-winning leisure development, Crossrail Place, housing one of London’s most stunning roof gardens. It also has world-class, year-round arts and events programme offering over 200 diverse and culturally inspiring events performed throughout the Estate.
Canary Wharf Group is a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority.
About Herzog & de Meuron
Herzog & de Meuron is a partnership led by Jacques Herzog and Pierre de Meuron with Senior Partners Christine Binswanger, Ascan Mergenthaler and Stefan Marbach. Jacques Herzog and Pierre de Meuron established their office in Basel in 1978. The partnership has grown over the years – Christine Binswanger joined the practice as Partner in 1994, followed by Robert Hösl and Ascan Mergenthaler in 2004, Stefan Marbach in 2006, Esther Zumsteg in 2009, Andreas Fries in 2011, Jason Frantzen and Wim Walschap in 2014 and Michael Fischer in 2016. An international team of 40 Associates and 380 collaborators is working on projects across Europe, the Americas and Asia. The firm‘s main office is in Basel with additional offices in Hamburg, London, New York, and Hong Kong.
Herzog & de Meuron have designed a wide range of projects from the small scale of a private home to the large scale of urban design. While many of their projects are highly recognized public facilities, such as their stadiums and museums, they have also completed several distinguished private projects including apartment buildings, offices, and factories. The practice endeavors to start each new project without predetermined ideas, even with a conscious naivety coupled with curiosity, in order to produce unexpected and original results. In every project they try to observe, respond, and nurture the history and spirit of each place.
Jacques Herzog and Pierre de Meuron have been awarded numerous prizes including the Pritzker Architecture Prize (USA) in 2001, the RIBA Royal Gold Medal (UK) and the Praemium Imperiale (Japan), both in 2007. In 2014, Herzog & de Meuron were awarded the Mies Crown Hall Americas Prize (MCHAP) for 1111 Lincoln Road, Miami Beach.