Revealed: London’s newest £500m luxury hotel overlooking Buckingham Palace

Peninsula London complex will replace 60s blocks

Hyde Park Corner Hotel

The Peninsula London. Image via Grosvenor.com

A £500m hotel with 190 rooms is set to be given the go ahead for construction at Hyde Park Corner.

Westminster council is believed to be on course to give the project planning permission with construction forecast to begin in 2017.

The project, by joint developers Grosvenor and Hong Kong and Shanghai Hotels, will see the existing 1960s and 70s offices at Hyde Park Corner demolished.

The building has been designed by British-based Hopkins Architects, and plans include the hotel, 28 apartments, and a 30m square internal ‘Palazzo-style’ courtyard.

Peter Vernon, chief executive officer at Grosvenor, 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 Peninsula London also provides a chance to improve the surrounding realm by widening pavements, planting more trees and providing easier road crossings. It is a major milestone in our efforts to improve Belgravia as a place to visit, live and work.”