The planning committee of the Royal Borough of Kensington & Chelsea has granted planning consent for the regeneration of the historic Pavilion Road car park site in the heart of Knightsbridge, a residential district in London.
Dartmouth Capital Advisors, on behalf of Singapore-listed City Developments Ltd. (CDL), will begin work to develop a luxury hotel on the site. CDL owns the Pavilion Road car park through its wholly owned subsidiary Beaumont Properties.
Kwek Leng Beng, executive chairman of CDL, said, “This site offers CDL one of the best opportunities to develop an outstanding hotel in one of the prime locations in central London. We are tremendously excited by this and the value it will bring to our London portfolio and our valued clients. London is the most popular tourist destination in the world, attracting around 30 million visitors every year from all over the world.”
It will be 120-room hotel, spanning up eight floors above ground, and three
