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are to:
1. Enjoy even further (for those who leave in) the stay at Mitre House, which will retain for the next 5- 7 years or more, the look we give it today with this refurbishment
2. Create more value for our properties
3. Optimise the use of our money currently held in the reserve fund
As such, while we appreciate the tremendous progress that this refurbishment plan has made as summarised in Paul’s briefing note, we should probably collectively discuss a few items to ensure we’re all aligned on some of the basics.
This group e-mail is probably a good enough forum for that, but we should probably plan to get together in person at some point, at least for the people more actively interested in this project, to discuss these topics. Some of us leave here, so it will be easy. For the others the trip might be worth it, given we only do this works every 5 to 7 years and it would also be a good opportunity to know each other.
The points we wanted to collectively discuss are as follows:
1. Overall style of the refurbishment
By redesign Communal Areas in a sensible and appropriate way we will not only increase the value of our property, but find entering and leaving in Mitre House a more pleasurable experience.
The Communal Areas are the first thing that you (and your visitors) will see every day (probably for the next 5 years or so), which is why it is very important that they look well designed.
While everyone is free to express its own personal taste and style in there his apartment, Communal Areas (entrance hall, stairs, internal lift, landings, walls color...) should reflect a more understated style in respect of all and in accordance with current trends in the area.
While in the 1960s Chelsea was a Bohemian district, very popular with punk, hippie and emerging artists as featured in the introductory page of Paul’s briefing note, today Chelsea is a desirable and fashionable place and has become over the years a well established, elegant and exclusive area. For this reason properties’ value has risen considerably and continues to be very strong where a contemporary Interior Design refurbishment is implemented. Today we have many examples of this classic interior design style in Chelsea, just few minutes away from us (eg. buildings in Sloane Square area). All the surroundings are characterised by a sober style fuelled by neutral colours (see attachment).
The briefing note prepared by Paul presents two work-in progress alternatives, labelled Management Suggestions and Leaseholders Suggestions.
We believe it will be clearer if those were labelled according to the style they try to achieve:
Alternative 1: defined Art Deco / Nouveau or Management Suggestions, characterised by bright colours for example pink or blue or yellow, very similar to the recently acquired dustbins, echoing the old punk-style of the 60’s
Alternative 2: defined contemporary – classic – elegantÊ or Leaseholders’ Suggestions, characterised by elegant and classic but contemporary features with more neutral colours, which we believe would suite better Mitre House in the current environment
Before entering too much into the details, we should obviously all discuss and agree if these are the alternatives and what do we all think about them, in order to further elaborate more detailed individual quotes and specifications, giving Paul further support.
2. Multiple quotes