Landmark building ‘The Arthaus’ released to market

London development company Union is proud to announce the launch of its first development. The Arthaus, which is set to be a landmark development in the capital, has just been released onto the market.

An iconic building with a creative heritage The Arthaus, on Richmond Road E8, was formerly home to the influential Flowers East art gallery and remains the HQ for Momart, the UK’s leading art storage experts.

Now The Arthaus’s reputation as a creative hub is set to continue with a striking mixed-use redesign of the 80,000 sq ft site, combining 34,000 sq ft allocated for 45 apartments and 3 town houses, 23,000 sq ft for affordable housing and 18,000 sq ft of commercial space to be used as studios for artists, designers and media professionals.

Union specialises in developing high quality mid-market apartments that always offer buyer’s added value with unique features and services to enrich quality of life and enhance an urban lifestyle.

Designed to be a haven for those who live there The Arthaus offers a high quality of contemporary design usually seen at the top end of the market. Lifestyle enhancing features and services include 24-hour concierge, an entertainment suite for parties, cinema room, cool storage rooms for food deliveries and a communal roof garden with views across the city.

In line with Union’s focus on developing in urban regeneration areas close to local amenities and transport infrastructure The Arthaus is located between London Fields and the City, one of London’s new residential hot-spots and only minutes away from the East London line extension.

The vibrant atmosphere of the area with its bars, restaurants, art galleries, boutiques and markets have made it increasingly popular with City workers and creative professionals alike. Property values in the area have risen by 24% in the last year and this prosperity is set to continue as a result of the 2012 Olympic Games.

Award-winning international architects Hamiltons, who have a reputation for inspirational design, enduring quality, clever functionality and attention to detail, have taken a sympathetic approach in retaining and restoring the façade and character of the building while delivering a contemporary and innovative design. Chief architect Michael Lynas enthused:

“It’s a great privilege to work on this magnificent building – to bring all our design intelligence in transforming a high point of one architectural tradition into the best possible space for the way people live and work now.”

An imposing entrance lobby with a full-height atrium will be the focal point of the building, with a concierge, restaurant, hotel-lobby style café and access to all the apartments from balconies around this central core. A large communal roof garden with views across offers outside space, with some apartments benefiting from private roof terraces and roof gardens.

Construction will begin in May 2008 with completion scheduled for August 2009. Union will be selling up to one third of the apartments off plan with prices starting from £249,950. For further details please contact Union on 0800 043 2523.