News and Insights
Chelsfield is delighted to welcome Burberry to The Knightsbridge Estate
Burberry has opened a new flagship store at No.1 Sloane Street. The iconic British luxury brand is the first tenant to open in the 340,000 sq ft redevelopment at the northern end of The Estate for which Chelsfield is the asset and development manager on behalf of owners The Olayan Group.
The development, designed by leading architects Fletcher Priest, transforms an iconic corner of Knightsbridge to deliver a brand-new mixed-use scheme behind retained period façades preserving the unique character of the area. The development once fully complete delivers seven large retail units, a 67,000 sq ft office building, 33 apartments and a rooftop restaurant. To date three of the seven flagship stores have been pre-let.
“Our new flagship store at No.1 Sloane Street is a manifestation of all that is Burberry: authentic, bold, elevated, with creativity at its core. An iconic destination in the heart of Knightsbridge, London, it is the first to carry our new global store concept, providing a uniquely British luxury setting for our local and international customers to explore our brand and products. We’re excited to welcome our customers to this new home for our brand that connects our past, present and future.” – Marco Gobbetti, Burberry Chief Executive Officer