Joint venture developers Grosvenor Britain & Ireland and The Hongkong and Shanghai Hotels have announced Westminster City Council?s planning?committee has resolved to grant planning consent for a new 190-room hotel, to be known as The Peninsula London.
The property will be located at 1-5 Grosvenor Place, Hyde Park Corner, Belgravia in central London.
The partners submitted an application in July to replace the existing 1950s and 1960s offices with a high-quality hotel and residential apartments designed by British-based Hopkins Architects.
Peter Vernon, chief executive, Grosvenor Britain & Ireland said: ?This is an excellent opportunity to shape a very special part of London. The Peninsula London is an example of the long-term thinking and high-quality design required to maintain London?s status as a global city.
?The scheme will support thousands of jobs and brings tens of millions of pounds to the West End economy.?
