Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with R&F UK for a new Hyatt-branded hotel in Nine Elms, London.
The 203-room Park Hyatt London River Thames is expected to open in 2022 and will be located within R&F UK’s Nine Elms development on the south bank of the river. The addition of the hotel to the U.K. market signifies Hyatt’s continued brand growth into Europe’s leading cities.
Felicity Black-Roberts, vice president of development Europe, Hyatt, commented: “The addition of the Park Hyatt brand to London is a key milestone for Hyatt. It has always been a priority to bring our luxury Park Hyatt brand back to London, so this is a fantastic opportunity for us. We are excited to continue and expand on Hyatt’s relationship with R&F by bringing this new exciting hotel to London.”
Directly opposite Westminster, the Nine Elms area has recently undergone significant regeneration and become a popular residential area.
The Park Hyatt hotel will be part of a new series of developments by R&F UK, in a collection of new buildings which will include 2,300 high-quality apartments, more than 120,000 square feet (11,150 square meters) of commercial space and numerous shops and restaurants, including One Thames City, an exclusive new riverside development comprising of premium residences, hotels, shops, park and restaurants, has been developed in conjunction with CC Land.
Construction of the Nine Elms development is well underway and the schemes are expected to take shape over the next two years.
R&F UK has assembled a world-leading design team for the development and new hotel, including Skidmore Owings & Merrill LLP (SOM), Kohn Pedersen Fox Associates (KPF) and Allies and Morrison, with landscape architects, Gillespies, leading on the Linear Park, and Super Potato curating interior design within the development.
“We are delighted that Hyatt has identified R&F UK’s Nine Elms development as the best location in London for its Park Hyatt brand,” said Michael Purefoy, Global Brand Director of R&F UK. “The globally recognized Hyatt name is a valuable addition to the development and we’re pleased to share that this agreement further cements the strong relationship that we continue to enjoy with Hyatt properties across the world.”
The Park Hyatt hotel will provide discerning global travelers with a refined and luxurious experience that unlocks unparalleled benefits from Nine Elms’ international focus, being located close to the new U.S. Embassy.
A secure executive wing and exquisite event spaces will offer a carefully curated and personalized experience for business and government travellers. Guests will also be able to unwind in the signature Park Hyatt Living Room with its understated luxury touches and world-renowned artwork and design, and a large ballroom will also be a rare feature for London.
For guests looking to explore, the hotel will serve as the perfect launchpad to discover everything the locale has to offer. The property’s nearby attractions will include local walking routes to stroll and explore Sloane Square and bustling King's Road, the award-winning gallery, Tate Britain, the charming green expanse of 200-acre Battersea Park and the Kia Oval cricket ground.
Further, by the time the hotel is set to open, the Northern Line London Underground extension is expected to be operational, with an entrance located within a few minutes’ walk of both hotels. The new line will connect Nine Elms with the city and West End in under 15 minutes.
The new hotel at the Nine Elms development in London will boost Hyatt's brand footprint in the country, joining Hyatt Regency London – The Churchill, Hyatt Regency Birmingham, Hyatt Regency Manchester and Hyatt House Manchester, Andaz London Liverpool Street, Hyatt Place London Heathrow Airport, Hyatt Place West London Hayes and Great Scotland Yard Hotel, which is part of The Unbound Collection by Hyatt brand. Additional Hyatt-branded hotels under development in the U.K. include Hyatt Regency Edinburgh Marina, Hyatt Place London City East and Hyatt Centric Cambridge, all expected to open within the next two years.
For more information about Park Hyatt hotels, please visit: https://www.hyatt.com/development/ourbrands/parkhyatt
St. Modwen Properties PLC today has announced that VINCI St. Modwen, its 50/50 joint venture with VINCI plc, has successfully completed on the £470 million sale of its interest in the 10-acre Nine Elms Square site, following an exchange of contracts announced on 21 June 2017.
The sale retains obligations to the Covent Garden Market Authority, holding £140m from the proceeds of the sale to fund the continued regeneration of the New Covent Garden Market and surrounding facilities.
St. Modwen Properties aims to use the proceeds from this deal to continue to pursue strategic opportunities across the UK.
Mark Allan, New Chief Executive for St. Modwen, commented on the sale in June: “The sale of Nine Elms Square is an important milestone, which will realise the capital required to fund the construction of over 500,000 sq ft of new market facilities. It also crystallises a significant element of the value we have been able to create on this complex, inner London development site.”
“Together with out joint venture partner, VINCI plc, we remain very much committed to the longer term regeneration of Nine Elms and are excited about the opportunities ahead.”