Grosvenor partners with Couture homes and Asia Standard for HK development project
Grosvenor has teamed up with Couture Homes and Asia Standard International Group to invest in Monterey Court, a residential tower block located in Jardine’s Lookout, Hong Kong.
The partners plan to redevelop the property into a landmark luxury residence with a GFA of over 75,000 sq ft, and have appointed award-winning British architect Paul Davis, of Paul Davis + Partners (PDP), to undertake the project design.
The current 20-storey building is expected to be redeveloped into an iconic super-luxury residential building with spacious individual units offering outstanding views over Jardine’s Lookout.
“Jardine’s Lookout is one of the most prestigious luxury residential districts in Hong Kong, and together with Paul Davis and our partners we aim to create a high quality product with innovative design and features. This will add to our growing pipeline of developments in Hong Kong, Tokyo and China,” says Nick Loup, chief executive of Grosvenor Asia Pacific.
This will be Grosvenor’s third luxury residential development project in Hong Kong in collaboration with Asia Standard and PDP, following Grosvenor Place Repulse Bay, completed in 2004, and The Westminster Terrace, completed in 2010.
The development is expected to be completed by early 2017.