Live in the heart of upbeat Victoria19 February 2016
A quiet revolution is taking place in sight of Buckingham Palace.
And residents of a luxury development above the first new central London theatre to open in 30 years can take their seats on private balconies to witness the curtain rise on the remarkable change the Victoria district in undergoing.
Properties at 1 Palace Place occupy the six levels above St James Theatre, which means residents have a bar and restaurant on-site plus access to secure off-street parking.
All the spacious one, two and three-bed open-plan apartments have a 24 hour concierge, lift access, underfloor heating, air conditioning and floor-to-ceiling windows with access to a private outdoor space.
Generous storage throughout includes fitted wardrobes in the en-suite bedrooms, while the integrated kitchens have limestone flooring
The 2023 sq ft lateral apartments on the top floor of the development, which is on a quiet side street that is part of a conservation area, have a terrace that is accessible from all rooms.
But the real appeal of these modern apartments, which were designed by Loates-Taylor Shannon Architects – the firm behind Science Gallery International at the base of the Shard – is their location.
The transformation of Victoria into a centre for creativity, commerce and culture will move closer this autumn when Nova is completed by the opening of London’s newest restaurant quarter.
Nova Victoria is an 897,000 sq ft mixed use scheme of five buildings that includes 170 high-spec luxury apartments, modern offices and a pedestrianised and landscaped public space.
By the time the transformation of Victoria from a transport hub serving almost 200 million passengers a year is finished in 2019, a total of £5bn will have been spent making this part of central London a 24-hour city address.
Victoria’s new status as a retail district was cemented by a £16m redevelopment of Victoria Place above the station in 2014. This increased the area’s total retail space to 3m sq ft and includes Cardinal Place, which kick-started the regeneration process when it opened a decade ago.
But retail space is not the only factor behind Victoria’s changing face.
Since St James Theatre opened in 2012, land has been secured for a major extension to the Grade II-listed Victoria Palace venue that will bring its facilities into the 21st century.
A proliferation of public art can also be found nearby, including the Big Painting Sculpture by Patrick Heron, which has a permanent home outside the Department of Environment, Transport and the Regions.
The heart of Victoria’s creative quarter is Howick Place, a flagship development of 23 apartments where a 6m x 3m work of art called Wind Sculpture by internationally-renowned artist Yinka Shonibare is on display.
With an array of new upmarket developments now appearing alongside the cutting-edge commercial premises, such as Kings Gate near Victoria station, it’s the perfect place for those looking for a luxury property in the centre of London’s fashion and cultural hub.
Garton Jones has a limited number of properties in all the developments mentioned available for sale or rent. To learn more about opportunities to live a short distance of the Houses of Parliament, Westminster abbey, St James’s Park and Buckingham Palace, contact our Westminster Office by filling in the form below.
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A short history of St James Theatre
With a 312-seat main house presenting plays, musicals and revues and a 120-seat studio, St James Theatre has established itself as an integral part of the rapidly developing Victoria area.
The site on which the new theatre stands has a long history. The original Charlotte Chapel, which was built in 1766, fell into disuse in 1921 and was refronted and altered to open in 1924 as the St James’s Picture Theatre.
Major alterations were made in 1931 before the venue was renamed the Westminster Theatre, with the chapel’s crypt being used as dressing rooms, the green room and the stalls bar.
From 1960 the theatre was controlled by the Moral ReArmament movement before it reopened in 1966 as an arts centre.
The remodelling work for renovation incorporated much of the adjoining site, increasing the size of the building to provide new foyer space, dressing rooms and restaurant.
Meanwhile, the exterior was me clad in Welsh slate before further alterations took place in 1972.
After the theatre closed in 1990, it was destroyed by fire and demolished in 2002.
The current St James Theatre was designed by Foster Wilson Architects and includes TV production/broadcast facilities. In its first 18 months it played host to West End transfers and received two Olivier Award nominations, six What’s On Stage Award nominations and one Off West End Theatre Awards nomination.