Proposals for a £300 million hotel in Knightsbridge have been given the green light.
The Royal Borough of Kensington and Chelsea’s planning committee has approved a planning application by Beaumont Properties to demolish a car park and construct a 120-room, eight-storey boutique hotel.
With three levels in the basement and five above ground, the so-called “six-star” Pavilion Road hotel has been designed by Hamilton Architects and includes a bar on the top floor.
About 23,000 sq ft of retail, spa and accommodation space is included in the scheme, which is worth more than £300m in total.
The site is owned by City Developments Limited (CDL) through its subsidiary, Beaumont Properties, which is represented in the UK by Dartmouth Capital Advisors.
“This site offers CDL one of the best opportunities to develop an outstanding hotel in one of the prime locations in central London,” said Say Kwek Leng Beng, executive chairman of CDL. “We are tremendously excited by this and the value it will bring to our London portfolio and our valued clients.”
CDL also owns Millennium and Copthorne Hotels and recently opened The Biltmore Mayfair, which is managed by Hilton’s high-end brand, LXR Hotels & Resorts.
Contrary to a statement released by Dartmouth Capital Advisors, a spokesperson from Harrods has denied the existence of a ’secret tunnel’ linking the hotel to the department store: “There is a historic tunnel on this site, however it has been blocked up for 20 years – it will remain blocked up and will offer no access to Harrods.”