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Galliard Sales Success in Shoreditch Scheme

18.03.20

Leading London property developer, Galliard Homes along with joint venture partners Cain International, McCourt, Vanke and The Estate Office Shoreditch, announce sales success at The Stage, Shoreditch, with 50% of the development successfully forward sold. The Stage is the £750 million transformation of the 2.3-acre site of William Shakespeare’s Curtain Theatre into a new mixed-use destination for London, bringing stylish new homes and world-class amenities to the area.

Set to complete in Q1 of 2022, The Stage is designed around a new 1.28-acre public square. The new square will be bordered by 400,000 sq. ft. of mixed-use space including cafes, restaurants and shops with four striking new buildings: a 37-storey residential tower providing 412 private sale apartments and penthouses, two office buildings providing over 257,000 sq. ft. of ‘blue chip’ commercial space, and retail premises at ground level, with a leisure and performing arts pavilion. The entire scheme will be 867,657 sq. ft., and is set to transform the surrounding area.

The Stage will also feature an existing 19th century railway viaduct located on one side of the square. The Victorian viaduct will be restored with the historic brick arches accommodating 9,000 sq. ft. of new shops, with the top of the viaduct landscaped into a park with a tea coffee house overlooking the public square.

Galliard Homes highlight that this sales success is testament to the scheme’s location in Shoreditch, this creative community which is home to the world’s third largest tech hub, situated next to the City and the fantastic transport communications that the area provides. Buyers have also been attracted to the development’s fascinating links to Shakespeare’s Curtain Theatre, where Henry V was first performed and where Romeo & Juliet was performed. Queen Elizabeth I would on occasion visit the theatre and after her death in 1603 the new King, James I, became the theatre’s Royal patron.

The historic remains of the Elizabethan Curtain Theatre, dating back to 1577, have been uncovered some three metres below the surface of the development. The remains and objects found during the dig have been carefully evacuated, painstakingly preserved and transformed into a cultural centrepiece within the development.

The purchases at The Stage to date have been a combination of UK and overseas buyers, all choosing to purchase off-plan because of the quality of the scheme and the unique offering. Galliard Homes highlight that from their experience, as the project moves towards build completion, the levels of enquiries from both domestic and international buyers will rise and buyers get an opportunity to see real finished project and appreciate the lifestyle and cultural amenities that make this development instrumental in the transformation of Shoreditch into a sought-after address.

Coinciding with this sales success, Galliard Homes are also pleased to announce that The Stage has made significant construction progress. The 37-storey residential block’s frame at The Stage is now complete to level 30, with the central lift and stair core installed to level 34 of the building. For the eight-storey office block, the facade is now 90% complete, with fit out works in progress. Lastly, the development’s 12-storey office block’s steel frame and concrete works are complete, with its facade installation in progress.

The 37-storey residential tower at The Stage will provide 412 luxurious studios, one, two- and three-bedroom apartments and four-bedroom duplex penthouses, ranging from 416 sq. ft. to 2,434 sq. ft. in size, with a specification and interiors by multi-award-winning interior designer Nicola Fontanella of Argent Design. The upper levels of the tower will benefit from panoramic views of London’s skyline, while the building will also offer a new ‘Sky juice bar’ on the 32nd level, lifestyle amenities, business meeting/hosting facilities and a double height entrance foyer with a lounge, lift lobby and 24-hour concierge reception and services.

The Stage will provide residents with a range of exclusive lifestyle facilities, inclusive of a business centre with advanced IT business suites and boardrooms, a private 20 seat screening room with tiered seating, panelled walls and feature doors with inlay detailing and a fully equipped games and recreational lounge and a bowling alley.

In addition to this range of amenities, the brand-new Equinox Shoreditch will be located at The Stage, occupying three floors of the adjacent Hewett office building. Equinox Shoreditch will be an all-new high-performance home, offering performance-driven lifestyle coaching, personal training, dynamic group fitness, private pilates, yoga and a state-of-the-art cycling studio. Residents of The Stage will benefit from a complimentary three-year fitness club membership to Equinox Shoreditch, arranged by Galliard Homes.

Visitors to The Stage Marketing Suite, located in the historic brick arches of the Victorian railway viaduct, can view two fully dressed show apartments by internationally-renowned interior designer and Founding Director of Argent Design, Nicola Fontanella. The show apartments showcase ‘raw luxe’ interior design and secret service-inspired interiors, ideal for prospective buyers looking to experience the lifestyle on offer at The Stage.

The Stage is located in the crown jewel of London’s EC2, Shoreditch. Located in the London Borough of Hackney, to the north of the City of London, Shoreditch is home to a quirky mix of renovated warehouses, trendy cocktail bars, gastro eateries, vintage markets and underground clubs. Residents of The Stage will have an array of local amenities on their doorstep.

Residents of The Stage will also benefit from fantastic connectivity, with London underground services accessible from Shoreditch High Street Station, as well as mainline and Tube services from Liverpool Street station, which is a five-minute walk away from the development. Liverpool Street station provides journeys to Canary Wharf in six-minutes, Tottenham Court Road in 11-minutes and Bond Street in seven-minutes.

David Galman, Sales Director at Galliard Homes says, “Galliard Homes are delighted to announce the sales success at The Stage, with 50% of the new apartments forward sold. With the development’s high-quality specification, superb transport links, fantastic location and fascinating historical elements, it came as no surprise to the Galliard team that this development would be successful. We are extremely pleased with the construction progress and are excited to see the finished product and how it will benefit the local community, we anticipate The Stage to be a new hub for Shoreditch.”

Prices for apartments at The Stage start from £685,000. For further information on The Stage, please contact Galliard Homes on Tel: 020 8418 3730 or visit www.galliardhomes.com.

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