AEG Europe has applied for detailed planning consent for a proposed four-star hotel and large event space next to The O2.The proposed 450-bed hotel will also include adjoining serviced apartments, according to the application, submitted to the London Borough of Greenwich earlier this month.
The complementary event space will be the largest bespoke space of its kind in London and will accommodate a broad variety of uses, including banqueting for up to 3,000 people, state-of-the-art facilities, and dramatic river views across the Thames to Canary Wharf.
Lifschutz Davidson Sandilands is the architect for the scheme. AEG is working with a shortlist of potential operators for the hotel. The proposed scheme is another step in the regeneration of the Greenwich Peninsula where AEG Europe is working closely with the Homes and Communities Agency and Meridian Delta Limited to create a new community alongside new jobs and economic benefit for the area.
David Campbell, CEO of AEG Europe, said: “The O2 has already created more than 2,500 direct jobs in Greenwich. However the real economic prize for Greenwich and East London is adding overnight visitors. The creation of this hotel, alongside high-quality event space to match our established world-class entertainment space, is a not without challenges, but it is a project we embrace enthusiastically.”
Alistair Wood, AEG Executive Director for Real Estate and Development, commented: “There remains a significant lack of hotel space in this area, and a high-quality hotel built alongside the venue will be welcomed by the more than 7.5 million annual visitors to The O2. We also see strong demand from the surrounding area including the soon-to-be Royal Borough of Greenwich, Canary Wharf, ExCeL London, London City Airport and new regeneration in this part of the Thames Gateway. The Lifschutz Davidson Sandilands design, we believe, works very well alongside existing and proposed development on the Greenwich Peninsula.”
