The Mirror 13 December 2015 by Adrian Hearn
Plans by the founder of Phones4U to turn a car park into a £1.5 BILLION apartment block have been approved despite objections.
Billionaire John Caudwell can now demolish the multi-storey Mayfair car park and transform it into a state-of-the-art development where penthouses will be worth more than £100 million.
Simon Barnes, from Mayfair-based property firm H Barnes & Co, welcomed the decision.
He said: “I think it is fantastic news that the plans have been approved and really great for the area.
“The car park has been a blot on the landscape for years. It is a disused space and I think John Caudwell is the sort of person who has the vision to make it a fantastic development. He understands what people will want.
“I think that when you build something good, people will come. There is unrest around the world and it is bringing people to London.”