Plans have been submitted with Westminster City Council for a new 190-room hotel, to be known as The Peninsula London, at one of the city’s most celebrated addresses.

Joint venture partners Grosvenor Britain & Ireland and The Hongkong and Shanghai Hotels, are proposing a new landmark at 1-5 Grosvenor Place, Belgravia in the West End of London.

Designed by British-based Hopkins Architects, the new building will replace the existing offices at the site, built in the 1960s, with a design that responds to the heritage of its immediate neighbours, providing a new focal point and vibrancy to Hyde Park Corner.

The Peninsula London is planned to cater for both hotel guests and local customers.

In addition to guestrooms and spa, the hotel will have shops, bars, restaurants and a ballroom.

A grand pedestrian entrance on Grosvenor Place will be accessed from a colonnade linking to an internal ‘Palazzo-style’ courtyard, approximately 30 x 30 metres, allowing vehicle access.

The proposed building also includes 24-28 residential apartments with a separate leisure and spa facility, reception and entrance on Halkin Street.

Peter Vernon, chief executive of Grosvenor Britain & Ireland said: “This is an exciting opportunity to shape a very special corner of London.

“For over 300 years Grosvenor has carefully curated its London estate in Mayfair and Belgravia and The Peninsula London is another important step in our journey.

“This high-quality development is sensitive to its surroundings, sustainable and will support around 2,800 jobs in the wider economy.

“It will enhance the West End’s reputation as one of the world’s foremost places to visit and a driving force for the UK economy.”