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.
At Chelsfield, we believe that being a responsible and successful developer often means our work stretches beyond the buildings themselves. Improvements to the public realm bring real benefits to those who live, work and visit the area, and this attention to detail also adds value to the assets.
When it comes out next year, “50, Montaigne” will be the most elegant building in a district – the eighth arrondissement of Paris – which has no shortage of iconic buildings. A guided tour of the construction site with its architect…