Nick and Christian Candy, the brothers behind One Hyde Park, purchased the site with the Qatari government in January, and can boast of it being the UK's most expensive property deal.
Sitting pretty between Sloane Square and the Thames with a view of the Royal Hospital, the development will include 638 housing units, a boutique hotel with two restaurants and a spa, shops, and community and sports centres, including a pool. There will also be a park with public access and a private garden, and the eco-minded will be pleased to know that 300 trees will be planted throughout. The properties themselves will range from rather swish — tens of millions of pounds — to what the Candy Brothers consider affordable (and the rest of us will still probably consider pretty swish), but for the price they will be fully equipped with the latest in spiffy gadgets and security systems.
But for those looking for something a bit more modest, fret not; as Chelsea Barracks is being marketed as a crash pad for high flyers looking for a London base, there's at least a chance to house sit.
Photo courtesy of Stevecadman's Flickrstream.