article_snippet.sent: Contrast: Most of the plot is currently taken up by an ugly parking garage which is set to be knocked down by owner John Caudwell .
article_snippet.sent: Ms Fatemi said: 'John Caudwell's visionary proposals will replace an unsightly multi-storey concrete car park at 5 Audley Square and convert John Caudwell's visionary proposals into a super-prime residential project. 'a super-prime residential project will create a new luxury village for Mayfair and will rival One Hyde Park as London's best luxury address.'
article_snippet.sent: Susan Cohen from Mayfair-based Pastor Real Estate said: 'Speculation on plans to develop the Audley Square car park have been going almost as long as I've been in Mayfair, long before the £150 million deal to purchase the site in 2011. '
article_snippet.sent: There have been many twists and turns, initially refused by the planning officer, Westminster council then overturned this, now plans to develop the Audley Square car park have been revised and resubmitted. '
article_snippet.sent: Mark Tunstall of Tunstall Property added: 'Mayfair is becoming increasingly residential as commercial leases granted after World War II on previously residential addresses come to an end and those properties are reinstated to those properties original use. '
article_snippet.sent: Yet where Mark Tunstall of Tunstall Property has lagged behind other areas such as Knightsbridge and Belgravia is in Mark Tunstall of Tunstall Property provision of 21st century full-service apartment buildings. '
article_snippet.sent: What Mayfair has lacked until now is a building to rival One Hyde Park and 199 Knightsbridge.
article_snippet.sent: Mr Caudwell, 62, has previously described the location as being 'the best site in the world but with some of the ugliest buildings', and promised his stone-clad development will be 'very beautiful'.
article_snippet.sent: Mr Caudwell claims that many buildings in the area are very ugly and is keen to restore the district's elegance .
article_snippet.sent: Mr Caudwell does not plan to include any affordable housing as part of the complex - and will instead pay Westminster Council more than £8million in compensation.
article_snippet.sent: Eyesore: The current car park is an undistinguished modern building with a monolithic brick frontage .
article_snippet.sent: Mr Caudwell has previously made a number of significant investments in Mayfair - Mr Caudwell is currently spending millions on converting two houses into a single mega-mansion, and Mr Caudwell also owns the house next to Audley Square, which has been rented out for £15,000 per week.
highlights_snippet.sent: John Caudwell has bought a car park in Audley Street, Mayfair and is planning to replace John Caudwell with a huge block of flats .
  