Ian Scott International


Bidding war for London’s oldest car park which could be worth £500m when redeveloped

Mayfair’s oldest car park is being put up for sale this week in a move set to trigger a bidding frenzy for the “once in a lifetime” chance to build new luxury apartments in London’s most elite neighbourhood.

Property experts believe that the half acre site on Carrington Street near Hyde Park Corner could be worth at least £500 million when fully developed.

It is one of the last brownfield “blank canvases” in Mayfair and will allow developers to create homes with rare views across Green Park.

A sales brochure seen by the Standard suggests that options include conversion into a casino, private members club and hotel complex or one of London’s largest boutique art galleries as well as new homes.


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