Home Residential Property Qataris get green light for £3bn Chelsea Barracks redevelopment

Qataris get green light for £3bn Chelsea Barracks redevelopment

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21st May 14 10:50 am

Chelsea Barracks building new

Artist’s impression of the completed development

Work on Britain’s most expensive residential redevelopment is set to begin after Westminster Council awarded planning permission to a £3bn redevelopment of Chelsea Barracks yesterday.

The Middle Eastern property development fund Quatari Diar purchased the former MoD site for £1bn in 2006, and demolition work is almost complete.

Chelsea Barracks

The undeveloped site

The first three blocks of flats, designed by Squire and Partners, will contain 74 apartments and work is expected to commence this month.

The first six storeys will rise up to a “shoulder”, and the two uppermost storeys, containing penthouses will be set back, within a terrace. The design aims to minimise the visual impact of the structures, according to ConstructionEnquirer.com

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