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Showing posts with label Mayfair. Show all posts
Showing posts with label Mayfair. Show all posts

October 18, 2013

Most expensive demolition project in Britain may also be most profitable

A house and stable on Mount Row in Mayfair, London, is being called Britain's most expensive demolition project. That's because the property is up for sale for £35 million, but the new owner will be almost guaranteed to demolish the house and stable as soon as possible.

The reason they'd destroy a property just acquired is the fact there is planning permission in place to build a new 16,000 square foot mansion in its place. Such a building would be larger, modern, and is expected to take the value of the property up to £65 million. It's also fair to say if you can afford the asking price you'll also be able to afford the demolition and build costs.

Source: The Telegraph

July 13, 2010

Canadian building collapses mid-demolition



A building demolition being carried out in Edmonton, Canada went wrong over the weekend.

Fencing was erected around the five-storey Mayfair building and a machine was working to slowly take down the structure, but what no one foresaw was the building collapsing into the street.

As the video above shows, no one was hurt, but the workman standing in the road had to make a run for it. The safety fencing was crushed, as was a tree and street lamp. The worst problem was a large dust cloud that continued to fill the surrounding streets.

No injuries being caused was more down to luck than anything else. It was a quiet time, but just after the collapse you can see a car pass by.

Source: Canada.com via Demolition News