We are delighted to announce that our residential development – one of London’s great landmarks – has now sold all of its 76 residences.
In addition to its 67 Grade I Listed apartments and 9 garden villas, Regent’s Crescent – which overlooks Regent’s Park – is home to one of London’s largest resident amenities and comprises over 9,000 sq ft of entertainment, spa and business facilities. It is the only new build in the country with Grade I Listed status.
Originally commissioned in 1820 by the Prince Regent, later George IV, and designed by famed architect John Nash, Regent’s Crescent has been heralded as one of the ‘finest examples’ of heritage renovation.
Due to bomb damage sustained during WWII, retaining the Grade I listed façade was not viable so, following extensive consultation and research, it was demolished and rebuilt – becoming the only Grade I listed façade to be rebuilt in the UK.
The scheme was officially launched in 2019 with Savills and Knight Frank instructed as joint agents for the residential element.
Set across five storeys in ‘unparalleled luxury living’, prices at the fully-gated development ranged between £2,900,000 and £21,450,000. As well as appealing to UK professionals with a longstanding relationship with the area, the elite residential complex has also had widespread international appeal.
One of the Grade I listed crescent facades, which were designed by John Nash and characterise Regent’s Park, have been reconstructed using some traditional techniques. Behind it sits a very different building, with a new contemporary design providing residences and amenities to an exacting standard for the prime London market.
Surrounded by private gardens, residents of the apartments and garden villas benefit from ceiling heights of up to 4.25m, a 24 hour concierge and security service, secure underground valet parking and on-site storage.
Henry Barrow, Sales Director at CIT, said: “Regent’s Crescent has been a remarkable scheme that we are extremely proud to have delivered, and are delighted it is now enjoyed by our residents, some 200 years after it was originally built. It has extraordinary character as London’s only Grade 1 listed new build, and it is this combination of captivating historical significance and outstanding new build quality that has resulted in some truly unique residences. We are thankful to our joint agents Savills and Knight Frank for their diligence and collaboration over the past 7 years in helping us realise our vision.”
Ed Lewis, London development director at Savills, who were agents on the scheme, says: “From consultancy to completion, the close collaboration between Savills, Knight Frank and CIT Group has been incredibly effective and perfectly illustrates how successful this approach can be. The appeal of Regent’s Crescent is testament to the vision and care taken over the site’s renovation by CIT, which is one of the finest examples I can think of and now provides unparalleled modern luxury living while, at the same time, paying homage to its original architect.”
Yazmin Murat, partner, Knight Frank Prime Central London Developments, adds: “Regent’s Crescent presented a rare combination of striking architectural grandeur, state of the art new build construction and amenities. Throughout the sales campaign we saw repeat buyers within the project as well as a number of existing owners upgrading to larger apartments, this is testament to the offering and quality of lifestyle Regent’s Crescent presented. Its zone one location, a stone’s throw from Marylebone High Street and Regent’s Street, as well as its fantastic underground connectivity help further drive its sales success.”