Sumit Singhal loves modern architecture. He comes from a family of builders who have built more than 20 projects in the last ten years near Delhi in India. He has recently started writing about the architectural projects that catch his imagination.
Canaletto in London by UNStudio
December 13th, 2013 by Sumit Singhal
Article source: UNStudio
Canaletto, arguably London’s first truly beautiful residential high-rise development, has now launched to the public.
The marketing suite, at the site of the Canaletto development at 257 City Road, EC1, showcases the latest in luxurious waterside living.
The building is scheduled to be completed in 2015 and will be the first major new property on the City Road Basin.
The 31-storey tower, on the banks of the Regent’s Canal, will comprise of 190 apartments ranging from studios to large three-bedroom premier units and one penthouse.
It will also provide a variety of facilities including residents’ swimming pool, gym and spa, cinema, 24th storey residents’ club with terrace, as well as a restaurant on the ground floor that will be open to the public.
Studios will initially go on sale from £500,000, while one bedroom and two bedroom apartments will cost from £710,000 and £810,000 respectively.
Canaletto has been designed by renowned Dutch architect Professor Ben van Berkel, founder of Amsterdam-based UNStudio.
It is UNStudio’s first major project in the UK. The architect is best known for the Mercedes- Benz Museum in Stuttgart, Raffles City in Hangzhou, Scotts Tower in Singapore and the Erasmus Bridge in Rotterdam.
The tower is designed with a unique curving facade of aluminium and glass that breaks the volume into a series of three-to-five-storey clusters.
Each of these clusters are imagined as individual ‘neighbourhoods in the sky’, with balconies and terraces that afford views of the City of London to the south and the basin waterways to the north.
Canaletto will offer its residents the highest quality of service and facilities, ranging from hotel style concierge services to fibre-optic broadband to each apartment.
The development is situated within easy reach of four of London’s most exciting neighbourhoods: The City, Clerkenwell, Islington and Shoreditch.
Aref Lahham, managing director and founding partner of Orion Capital Managers, sponsor to the fund financing the evelopment, said:
“Canaletto will appeal to a wide range of potential home-buyers who are looking for state-ofthe- art amenities, an incredible location and a unique aesthetic.
“Canaletto is a self-contained community that will redefine high-rise living in London.”
City Road is undergoing radical change on the back of sustained commercial and residential development in the nearby Silicon Roundabout community. In the last three years the number of tech companies in East London has risen from 200 to 1,300.
About 48,000 people are employed in the tech cluster with plans for a further 70,000 jobs to be created. The government has pledged £50m to transform the Old Street roundabout into the biggest indoor civic space in Europe with support for entrepreneurs and tech start-ups.
Mr Lahham added: “The Regent’s Canal used to be the main artery of commerce in industrial London. Today, it links together London’s vibrant tech communities – from Paddington and Kings Cross to Silicon Roundabout and East London. Canaletto residents will be within walking distance of each along the canal of enterprise and creativity.”
Jones Lang LaSalle and Knight Frank are acting as agents for Canaletto. Groveworld is acting as development manager.