Grosvenor and EIH London Investments Ltd introduced on November 7 that South Molton, in London’s prestigious Mayfair, will probably be dwelling to the Indian luxurious hospitality group’s first Oberoi Lodge within the UK.
Positioned on a distinguished nook at 40-46 Brook Road, the lodge is poised to develop into Mayfair’s premier luxurious boutique lodge, showcasing Oberoi’s iconic design, world-class service and a spotlight to element.
Arjun Oberoi, Govt Chairman of The Oberoi Group, mentioned, “Our partnership with Grosvenor marks an vital milestone in our worldwide development. London has at all times been a key marketplace for our friends. We’re excited to carry our distinctive hospitality expertise to the center of London. The Oberoi, Mayfair, won’t solely be a celebration of our model at a chief location, but additionally a possibility to showcase our service excellence.
Grosvenor secured planning permission for the restoration of the 33,000 sq ft listed constructing in 2022 as a part of its wider South Molton improvement. The venture, at present the West Finish’s largest mixed-use improvement, will embrace the lodge, new workplace house, housing, cafes, outlets, eating places, neighborhood and leisure areas.
On the coronary heart of the venture is a 267,000 sq ft three way partnership between Grosvenor and Mitsui Fudosan UK, which is ready to ship two best-in-class workplace buildings on Brook Road and Davies Road, providing company headquarter alternatives in one of many West Finish’s most sought-after areas.
Rachel Dickie, Govt Director of Funding and Growth, Grosvenor, mentioned: “Confirming a model as prestigious as Oberoi Inns & Resorts can have its first UK presence at South Molton, within the coronary heart of Mayfair, is what we imply once we say we’re making a vacation spot of worldwide significance. We’re thrilled to have such a implausible anchor for the venture at this early stage of improvement.”
South Molton will function a brand new gateway into Mayfair, drawing an estimated £6.5 million of spend yearly, and can create 1,000 everlasting jobs upon completion together with 450 jobs and apprenticeships in the course of the development part.
Work on the venture began in November 2023 with all phases scheduled for completion by the top of 2027, in keeping with an official launch.
Vikram Oberoi, Managing Director and CEO of The Oberoi Group, added, “We’re delighted to carry the legendary Oberoi hospitality to London, particularly in such an iconic location as Mayfair. This venture marks a pivotal second for our model’s world journey. The Oberoi, Mayfair, will embody the very essence of luxurious, providing friends an intimate retreat within the coronary heart of Mayfair with the dynamic spirit of the town.”
JLL acted for Grosvenor, and EIH London Investments Ltd was suggested by Johnny Sandelson.
