One Hyde Park
Apartment complex in central London
title: "One Hyde Park" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["buildings-and-structures-in-the-royal-borough-of-kensington-and-chelsea", "residential-buildings-in-london", "retail-buildings-in-london", "knightsbridge", "richard-rogers-buildings", "2010-establishments-in-england"] description: "Apartment complex in central London" topic_path: "geography/united-kingdom" source: "https://en.wikipedia.org/wiki/One_Hyde_Park" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Apartment complex in central London ::
::data[format=table title="Infobox building"]
| Field | Value |
|---|---|
| name | One Hyde Park |
| image | File:No 1 Hyde Park, London.jpg |
| caption | One Hyde Park in 2012 |
| building_type | Residential, retail |
| architectural_style | Modernist |
| cost | £1.15 billion |
| location | London, United Kingdom |
| address | One Hyde Park: The Residences at Mandarin Oriental, 100 Knightsbridge, London, SW1X 7LJ |
| owner | One Hyde Park Limited |
| current_tenants | Rolex, McLaren Automotive, Abu Dhabi Islamic Bank |
| coordinates | |
| start_date | January 2007 |
| completion_date | |
| floor_area | 385000 sqft |
| main_contractor | Laing O'Rourke |
| architecture_firm | Rogers Stirk Harbour + Partners |
| structural_engineer | Arup |
| services_engineer | Cundall |
| other_designers | Candy & Candy |
| quantity_surveyor | Gardiner & Theobald |
| :: |
| name = One Hyde Park | native_name = | former_names = | alternate_names = | image = File:No 1 Hyde Park, London.jpg | caption = One Hyde Park in 2012 | map_type = | altitude = | building_type = Residential, retail | architectural_style = Modernist | structural_system = | cost = £1.15 billion | ren_cost = | location = London, United Kingdom | address = One Hyde Park: The Residences at Mandarin Oriental, 100 Knightsbridge, London, SW1X 7LJ | client = | owner = One Hyde Park Limited | current_tenants = Rolex, McLaren Automotive, Abu Dhabi Islamic Bank | landlord = | coordinates = | start_date = January 2007 | completion_date = | inauguration_date = | renovation_date = | floor_count = | floor_area = 385000 sqft | main_contractor = Laing O'Rourke | architect = | architecture_firm = Rogers Stirk Harbour + Partners | structural_engineer = Arup | services_engineer = Cundall | civil_engineer = | other_designers = Candy & Candy | quantity_surveyor = Gardiner & Theobald | awards = | ren_architect = | ren_firm = | ren_str_engineer = | ren_serv_engineer = | ren_civ_engineer = | ren_oth_designers = | ren_qty_surveyor = | ren_awards = | references = One Hyde Park is a luxury residential and retail complex located in Knightsbridge, London.
Ownership
The building was developed by Project Grande (Guernsey) Limited, a joint venture between the Christian Candy-owned CPC Group and Sheikh Hamad bin Jassim bin Jaber Al Thani, former Prime Minister and Minister of Foreign Affairs of Qatar. Graham Stirk led the team at Rogers Stirk Harbour + Partners who designed the building, It was financed via a £1.15 billion development loan from Eurohypo AG. Candy & Candy were the development managers and interior designers for the scheme. The building is now owned by One Hyde Park Limited.
Tenants
Commercial tenants as of July 2023 were Rolex, McLaren Automotive and the Abu Dhabi Islamic Bank.
Owners of residences at the address have included Rinat Akhmetov, Oran Holtzman, Kylie Minogue, Idan Ofer, Naguib Sawiris, Amirkhan Mori, Farida Farid khamis, Alexander Ponomarenko, Fahd Khater, Vladimir Stolyarenko, Dane Bowers, Vladimir Uzun, Temur Akhmedov (the son of Farkhad Akhmedov) and the Candy brothers.
History
::figure[src="https://upload.wikimedia.org/wikipedia/commons/b/ba/Search_for_Enlightenment,_One_Hyde_Park.JPG" caption="''Search for Enlightenment''"] ::
Planning consent for the building was granted in June 2006. Demolition of the previous building on the site—the 1950s office block Bowater House—took place between July and December 2006. It was also announced that McLaren Automotive would be opening a car showroom in the building in early 2011. As part of the construction of One Hyde Park, a new entrance to Knightsbridge tube station was built. This opened in December 2010
In January 2011, a newspaper report at the time of the development's launch party indicated that according to Land Registry records the sale of only five properties had been completed. As of 2013, there was little evidence of people actually living in the complex. In September 2013 it was reported that a one-bedroom apartment in the complex worth £5.25m had been repossessed.
The sculpture Search for Enlightenment by Simon Gudgeon was unveiled on 19 January 2012 to mark the first anniversary of One Hyde Park. The bronze sculpture is of two human profiles, one male and the other female and faces Hyde Park and the Serpentine.
Tax issues
In November 2011 it was reported that only nine out of the 62 apartments that had been sold at One Hyde Park were registered with Westminster City Council for Council Tax. Despite prices ranging from £3.6 million for a one-bedroom flat to £136 million for a penthouse, only four properties were paying the full £755.60 a year Council Tax plus the £619.64 Greater London Authority charge (collectively below the national average), while five were paying the Council Tax at the 50% reduction for a second home. Westminster North MP Karen Buck stated: "When council spending is under unprecedented pressure, it is scandalous that residents in luxury apartments can avoid their share of council tax liability. It sometimes seems as if the more money you have the less you are required to pay." Nicholas Shaxson from Vanity Fair discovered that 60 apartments are owned by companies registered in tax havens as foreign companies and therefore don't have to pay taxes on the apartments. The owners of many of the companies remain anonymous.{{cite news|url=http://www.zeit.de/2014/01/finanzwelt-steuern-sparen |title="Das wurde immer so gemacht" |access-date=3 January 2014 |newspaper=Zeit Online GmbH |date=27 December 2013 |location=Hamburg
References
References
- Quinn, James. (7 November 2010). "Rolex moves into One Hyde Park". [[The Daily Telegraph.
- Fletcher, Martin. (18 April 2010). "What recession? Flats in Central London go on sale at £5m-plus". [[The Times]].
- "One Hyde Park". e-architect.
- (8 September 2009). "Candy Brothers in Monaco Make Millions in London Housing Slump". [[Bloomberg L.P.]].
- "Bucherer Rolex Boutique One Hyde Park".
- "Rolex Boutique One Hyde Park, Knightsbridge".
- "Welcome to McLaren London".
- Bloomfield, Ruth. (2021-10-09). "Will Kylie sell home in London's priciest block before return to Oz?".
- (19 May 2023). "Hyde and Seek". Pressdram Ltd.
- Neate, Rupert. (21 April 2021). "Oligarch's son told to pay mother £75m after world's biggest divorce case".
- Mendick, Robert. (18 June 2022). "Secret funder of 'Putin's Palace' owns £60m flat in One Hyde Park". Telegraph Media Group.
- "Home page". One Hyde Park.
- (10 August 2010). "One Hyde Park penthouse sells for record-breaking £140m - Telegraph". www.telegraph.co.uk.
- (6 August 2010). "McLaren join race to Formula 1 Hyde Park". [[London Evening Standard]].
- "Knightsbridge gets new Tube entrance by hotel". Evening Standard.
- Sarah Lyall. (1 April 2013). "A Slice of London So Exclusive Even the Owners Are Visitors". The New York Times.
- Angela Monaghan and Jennifer Rankin. (10 September 2013). "Luxury £5.25m apartment in One Hyde Park repossessed". [[The Guardian]].
- (24 January 2012). "Search for Enlightenment unveiled at One Hyde Park". [[Candy & Candy]].
- Boffey, Daniel. (26 November 2011). "Only nine pay council tax in enclave for super-rich". The Guardian.
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