Crosstree Real Estate Partners, the London-based private real estate investment firm, has announced the achievement of a series of significant milestones at One Berkeley Street in London’s Mayfair.
This landmark development comprises 60,000sq ft of prime fully refurbished Grade A offices, 20,000sq ft of flagship retail and F&B space on Piccadilly, and the 181-room ‘1 Hotel Mayfair’. Lotus Cars and celebrated restaurant GAIA have signed for 70 per cent of the retail space to make their London debuts, while pre-lets have been secured for all the offices.
Lotus Cars is to open its first-ever global store at One Berkeley Street, with the brand signing for 5,000sq ft in a flagship location at 73 Piccadilly. Situated opposite the iconic Ritz Hotel, Lotus’ two-storey site will include a three-car ground floor showroom featuring its new Eletre hyper-SUV, the Emira sports car, and the Evija hypercar. Described by Lotus as a brand beacon and the first of several similar flagship stores in major cities around the world, the Mayfair showroom will include a full Lotus merchandise retail outlet. The store will also provide a London home for Lotus Advanced Performance, the division of the business launched earlier this year that’s dedicated to delivering thrilling bespoke vehicles and world-class customer experiences.
Also making its London debut is GAIA, a refined taverna concept from Dubai and Monte-Carlo. GAIA will be located on the Dover Street corner of the development. Offering exquisite Greek Mediterranean cuisine by chef Izu Ani, the 9,500sq ft multi-level venue will be one of the most anticipated London restaurant debuts of 2023. Completing the series of lettings are pre-lets of the entirety of the office space to major international investment advisory firms, B-Flexion Group, Starwood Capital Group and Eastdil Secured.
