Developer Balfour Beatty and its partners held a ceremony last week marking the start of works to regenerate 7.6 acres of the Greenwich Peninsula in London including the hotel and a residential scheme.
The InterContinental London The O2 will be a 19-storey, 452-room five-star hotel. It will contain a massive 4,800sqm of space for conferences and events and Europe’s largest pillar-free ballroom. The hotel will also offer leisure facilities including a health spa, several restaurants and a panoramic Sky Bar offering views of Canary Wharf and the River Thames.
The hotel will be designed to be sustainable to BREEAM ‘Excellent’ standards and will be built on land reclaimed from previously polluted soil. The hotel will have sustainable features such as ‘green’ roofs and surrounds which will harvest water to reduce demand on the mains supply.
Construction will be carried out in two years and will be situated 400 metres from North Greenwich tube station or a 15 minute journey to London City Airport, while visitors can also use the Emirates Airline cable car to get to central London.
Boris Johnson, Mayor of London, said: "I warmly welcome the proposal to bring this prestigious development to London. The project demonstrates great confidence in the city and will be a significant addition to the legacy East London is seeing following the London 2012 Olympic and Paralympic Games. Integral to London’s success in attracting visitors is the range of excellent hotels London has to offer – the hotel would be a fantastic addition to the capital, and would bring substantial benefits for visitors to The O2 and the wider area, as well as securing additional benefits to the local economy and enhance the area’s reputation as a key visitor destination. I wish you the best of luck with the project."
Surinder Arora, founder and chief executive of Arora, said: "I am delighted to be involved in such a high profile scheme in a fantastic location next to The O2 offering a unique marketing and events opportunity. Working alongside excellent partners, this development will add high quality accommodation and conference inventory to a vibrant part of London which has recently been exposed to the world stage with the Summer 2012 London Olympics. The hotel's 3,000 sqm open plan ballroom, the largest in Europe, with pre-function space enjoying panoramic views of the Thames and Canary Wharf, will complement The O2 and soon become established as one of the world’s pre-eminent venues, enabling the UK to compete with other destinations to attract conferences, meetings and events to our shores and to this increasingly strategically important part of London."