Marriott International and Gulf Islamic Investments (GII), a global investment company with more than $3 billion of assets under management, have partnered on the development of The Lucan, Autograph Collection Residences in London’s Chelsea district. The first residential unit for the Autograph Collection brand will be managed by Marriott.
The seven-floor, 31-residence property is projected for completion in 2024, with a show home available before then. The collection of 31 distinctive residences will exhibit architecture influenced by the culture and character of Chelsea, with unique stylish finishes emblematic of Autograph Collection Hotels.
In a joint statement, Mohammed Alhassan and Pankaj Gupta, co-CEOs, GII, said, “The Lucan represents a pivotal project for GII, marking our first foray as both investor and developer. Our intention is to deliver a boutique development that not only offers an exceptional quality of life, but one that matches the highest international standards for luxury lifestyle real estate. It is truly an honor to work with Marriott International, whose reputation for operational excellence and legendary service will bring world-class standards to discerning residents of The Lucan and validate the iconic real estate proposition that GII originally identified in one of London’s most prominent and sought-after neighborhoods.”
Jaidev Menezes, regional VP, mixed-use development, EMEA, Marriott International said, “We are thrilled to announce The Lucan as our first standalone Autograph Collection Residences globally and equally delighted to be working with GII on one of their flagship assets in Europe. This agreement is a testament to the confidence that GII has in Marriott International, and we are excited to play a meaningful role in GII’s vision for The Lucan. Through this collaboration, we look forward to delivering an exclusive lifestyle that is distinctive and unmatched in London.”
The Lucan will be designed by architectural firm Kohn Pedersen Fox Associates (KPF) and will feature amenities including a 24-hour concierge, a gym, porter services and perks through Marriott Bonvoy travel program. Residences consist of one, two and three beds ranging from 780-1,900 sq. ft.