Our News

11 December 2019
Northacre Journal
11 December 2019
Northacre Journal
11 December 2019
The Northacre Journal

The December Diary

Northacre Journal

From Mayfair to Knightsbridge, everywhere you turn street lights are twinkling and spruce trees are adorned with baubles and stars. It can only mean one thing - London’s festive season is in full swing.

This winter, Skate returns to Somerset House with Fortnum & Mason. A stop at Fortnum’s rink-side lodge for a warming hot chocolate and mince pie is an essential part of the après-skate experience. With halls to deck and cards to write, a Christmas craft workshop at The Beau Brummell in St James’s Market could be just the ticket. Here, you can hone your calligraphy skills and design a bone china bauble to hang on the tree. Meanwhile, Claridge’s will be serving its delectable yuletide tea from now until January 1, to the heart-warming sound of Christmas carols from The Southend Children’s Choir.

Might we also suggest the following London hotspots?

Amazónico For those already acquainted with Amazónico’s Madrid-based flagship, its new Mayfair outpost will come as welcome news. Housed within the lush rainforest-themed interior, you’ll find chefs working at open kitchens, grilling rows of whole pineapples and prepping an eclectic mix of wide culinary dishes inspired by Latin American cuisine. If Peruvian sushi, sea urchin guacamole or pulled pork with plantain tickles your tastebuds then make tracks to this vibrant oasis in the heart of Berkeley Square.

Urban Retreat at The White House You could, of course, avoid the crowds and tinsel at this time of year. At the newly opened Urban Retreat at The White House in Knightsbridge, you can indulge in a Dr Deepak Chopra’s Inner Space Immersive Meditation Experience or book onto one of its new cleanse programmes launching in January. With a focus on gut health, weight loss and deep breathing respectively, what better way to reverse the effects of one too many mince pies?

Lucian Freud: The Self Portraits at The Royal Academy of Arts Considered by some to be one of the most celebrated British painters of our time, Lucian Freud’s work is instantly recognisable for its expressive figurative style and bold brush strokes. In a world first, The Royal Academy is showing more than 50 paintings, prints, and drawings depicting the late artist’s self-image over seven decades. Running from now until January 21, 2020.

The Story Of A Northacre Experience

Northacre Journal

At Northacre we believe that a home is more than just bricks and mortar, it is the foundation for living a fulfilled life. Over the last 30 years we have learnt first-hand what London’s discerning homeowners long for in their places of residences. So, with every site that we choose, every building we meticulously restore, and every home that we craft, we apply that knowledge and put the living experience at the core of each decision.

During October and November, we have been working on building a suite of visual content that captures the exquisite lifestyle that a Northacre home offers. We are excited to be sharing a behind the scenes sneak peek captured on location for No. 1 Palace Street and look forward to revealing our No. 1 Palace Street film with you in the New Year.

Commencing on a bright autumnal morning, the film and photography crew followed a couple as they go about an idyllic ‘day in the life of’ when living at No.1 Palace Street. From yoga in St. James Park to meandering through the iconic streets of Mayfair to enjoying downtime in the luxurious residences, the content transports viewers to London living at its best.

This new content has been made for those who aspire for more than just a home, but for an exceptional living experience.

The Unstoppable Rise Of Westminster, Victoria And Pimlico

The Northacre Journal

With its wealth of historic buildings, no other part of London is as unique as the enclave of Westminster, Victoria and Pimlico. Ideally located close to Buckingham Palace, the Houses of Parliament, Tate Britain and St James’s Park, this enviable central location has fast become an enticing residential hotspot for the discerning city dweller. For workers, commuting through the area’s main transport hub, Victoria Station, and for international culture vultures alike, the area has an exciting new appeal.

Thanks to renewed interest and investment, recent developments such as Nova, Eccleston Yards and Market Halls have brought a slew of new restaurants and street food brands to the area. As for Michelin-starred restaurants, Westminster boasts more than anywhere else in the capital. Heston Blumenthal’s 'Dinner', and Marcus Wareing’s namesake, 'Marcus', are but two. SW1 is also home to the main offices of Giorgio Armani and Burberry. And if you thought that Tom Ford and Jimmy Choo might choose to run their businesses from prestigious Bond Street or Sloane Street then think again. Howick Place which runs just off Victoria Street is where you'll find their global brand headquarters.

According to a new UK Living Research paper published by the real estate consultants JLL, house prices in the City of Westminster have jumped 368 % over the last 20 years, an average of 8% per annum compared to the Greater London average of 311% and 7.3% pa respectively.

The report cites that almost all residential developments, past, recent, current and planned, are redevelopments of existing office buildings. Many of these traditional Westminster premises were once home to government departments full of civil servants who have since relocated to other parts of the city. The JLL findings also show that the number of units under construction has increased from 244 in 2017, with 630 currently being built. A further 102 private units in three schemes in the Westminster, Victoria and Pimlico locality are in the planning pipeline, while a growing number of pioneering new-build properties is attracting a different type of buyer to the area and helping to diversify its resident base.

Northacre’s exciting new developments are also highlighted in the report. These include No. 1 Palace Street, a stunning heritage revival development fusing five architectural styles of façade into one modern masterpiece overlooking Buckingham Palace. Then there is The Broadway, an impressive new build-scheme, located on the former site of the Metropolitan Police headquarters. With six striking residential towers at its centre, The Broadway will offer bird’s-eye views over Westminster and the iconic London skyline beyond.

As for the decision to build here, Northacre CEO Niccolò Barattieri di San Pietro comments: ”You have four world heritage sites, one next to the other. And many people don't appreciate how central it is. We chose it because we just couldn't understand why, until recently, it was so unloved.'

Given the calibre of other eagerly anticipated schemes, the JLL report predicts that the £3,000 per sq ft pricing threshold will frequently be challenged and surpassed over the next ten years.

"Not since the Victorian era has the area of Westminster and Victoria seen such sweeping transformation," says Ruth Duston, OBE, chief executive of the Victoria Westminster Business Improvement District (BID). Driven by local businesses, BID was founded in 2009 with the sole aim of putting the area firmly on the map. Since then, this non-profit business has successfully undertaken ambitious green projects, such as Christchurch Gardens, and continues to address thorny issues such as air quality and rough sleeping. It has also galvanised key players to press forward the redevelopment plans for Victoria Station and worked with its local partners to support young people into employment.

“Over the past decade, we’ve seen the movement of corporate HQ’s, innovative tech agencies, and of course, some of the leading fashion houses into the area. With more growth set for Victoria over the coming years, we expect to welcome many more of these familiar businesses,” adds Duston.

For the re-energised locals of Westminster, Victoria and Pimlico, the sky’s the limit.