UK: Hospitality real estate group PPHE has been granted planning permission for a mixed-use, hotel-led development in London’s South Bank area.
Plans include a 15-storey, design-led midscale concept comprising up to 186 rooms, two floors of office and light industrial floorspace, as well as a flexible use ground floor public space featuring an all-day dining bar and cafe.
PPHE purchased the site for £12 million in 2019 and it is currently working on designs for the project, which is targeting a BREEAM Excellent accreditation.
The site is located on Westminster Bridge Road opposite Lambeth North Station.
Boris Ivesha, president and CEO of PPHE Hotel Group, said: “We are delighted to have been granted approval to execute our plans to create a mixed-use development at 79-87 Westminster Bridge Road.
“The development will combine lifestyle hotel rooms with welcoming office, leisure and creative spaces for the benefit of the entire community. This is a hugely exciting project for the group, located close to some of London’s most exciting landmarks.
“This development will further enhance the group’s strong presence on London’s South Bank and add to our high quality, well-located London portfolio which will increase to 3,900 rooms as a result. We look forward to beginning work on the project and updating stakeholders in due course,” Ivesha said.
