Home Commercial Property Christian Candy spends £100m on 7 London homes to build his own Buckingham Palace

Christian Candy spends £100m on 7 London homes to build his own Buckingham Palace

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8th Sep 14 12:19 pm

Some people are rich. And some people are so overloaded with money that they don’t really know what to do with themselves. Here we have Christian Candy, one half of the Candy brother property-developing duo, best known for their controversial One Hyde Park extravagance – a lavish warehouse for oligarchs.

But when he’s not developing swanky bunkers for billionaires, Candy likes to look out for number one. The multi-millionaire has bought an entire row, that is seven Grade I listed mansions, on Regent’s Park. The plan? To turn the seven massive properties into one mother-mansion.

Planning permission for the development has already been granted, and the resultant behemoth will become the second largest residence in London after Buckingham Palace. Indeed, the architect of the row, John Nash, is the very same architect who designed Buckingham Palace.

The building will set the developer back £100m, but will be worth over £200m once complete.

The 50,000 sq ft development will contain 15 bedrooms, and a strangely high number of bathrooms – 35 in total. Candy obviously doesn’t want to be caught short.

Developers Nick (left) and Christian Candy (right) with their partners Holly Valance and Emily Candy

Here are some of his other developments

In addition to the One Hyde Park development, the Candy brothers have worked on a number of other jaw-droppingly expensive properties.

In August it emerged that Candy is to develop a luxury complex beneath a Chelsea home. The plans include an 18-metre two-lane bowling alley, a 20-metre swimming pool, a cold plunge pool and jacuzzi, sauna and steam room, a dance studio, three treatment rooms and a cinema room. Once completed the property is expected to be worth £200m.

The brothers’ aspiration is not just limited to London either. One of their current projects is a Dubai development which will reportedly be three times the size of the Shard.

In November 2013 Christian Candy’s CPC Group snapped up the freehold for Sugar Quay near Tower Bridge after winning planning permission to build a £400m 11 storey development containing 165 residential flats, a retail area, a jetty restaurant and a waterfront restaurant run by Michelin-starred chef Wolfgang Puck. The development is expected to be completed in 2016.

New York, New York. New York is where Candy bought a $35m (£22m) apartment in August 2013 on the Upper East side of the city. Earlier that month he also paid $24m (£15.4m) for a property in LA. Candy also owns a penthouse apartment in Plaza Hotel, the most expensive apartment building in Manhattan.

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