UK: London-based real estate developer and investor Dominvs Group has won planning permission from Wandsworth Council to develop two hotels across a single site in London.
The project, designed by Squire + Partners, will feature two hotels run by different operators totalling 837 rooms. It will comprise an 11-storey midscale hotel and a 15-storey affordable luxury hotel.
Joined by a common basement facility, the luxury hotel will also comprise a ground floor cafe and rooftop restaurant and bar. The full project is expected to open in 2024.
Dominvs had previously received consent for two hotels at the site. The team, in response to local market conditions, submitted a revised scheme that reduced the massing and height of the project.
Wandsworth Chamber of Commerce calculated that the hotels would contribute between £8million and £13 million to the local economy.
Jay Ahluwalia, principal at Dominvs Group, said: “Following a change in market conditions, we submitted revised proposals for two high-quality hotels, which will make a significant contribution to satisfying the need for the additional 2,230 hotel rooms that the London Plan has identified.
“This scheme is a testament to our team’s in-depth knowledge of local markets, and the ability to remain agile to maximise the value created for the two pan-European tenants who will lease the hotels in a further boost to the capital’s thriving hospitality sector.”
The scheme adds to Dominvs’ £2.4 billion pipeline across residential, hotels, purpose-built student accommodation and mixed-use developments.
Tim Gledstone, partner at Squire + Partners, said: “The new dual flagship hotel at Nine Elms activates a prominent site adjacent to the US Embassy and reflects the emerging high-quality neighbourhood of Embassy Gardens and the surrounding wider masterplan.
“The hotels are designed as a sculptural counterpart to the American Embassy. Distinctly expressive and textured, the crafted façades take inspiration from the nearby River Thames, fragmenting and rippling the light. Bay windows offer guests wide-reaching views of Nine Elms, the Thames and across London.
“The proposal roots itself in the Linear Park and the existing street fabric, whilst creating new public spaces, pedestrian routes through the site as well as providing further landscape enhancements to Ponton Road. The development contributes to the creation of a vibrant district and the completion of a new centrepiece of international contemporary appeal.”
