James Weller Ladbroke held the estate until his death in 1847, though the actual development of the land was carried out by a firm of City solicitors, Smith, Bayley (known as Bayley and Janson after 1836), working in conjunction with the architect, landscaper and surveyor Thomas Allason.
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The result was the Hippodrome, a bold and ultimately unsuccessful attempt to build a race course to rival Epsom and Ascot.
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In 1852 one Richard Roy, a solicitor with some experience of building speculation in Cheltenham, acquired from the Ladbroke Estate a freehold parcel of undeveloped land between the south side of what is now Arundel Gardens and the north side of Ladbroke Gardens.