Civil engineering and preliminary building work is set to start shortly converting the former US Embassy building in Grosvenor Square in London into a luxury hotel.
Two contractors are currently bidding for the main conversion project.
When complete the new Rosewood Hotel will have 137 bedrooms, five restaurants and five shops. It will also feature a spa and a ballroom with space for 1,000 guests in the building’s three basement levels.
The external façade of the Grade II-listed building will be retained but much of the rest of the building will be demolished down to the basement. Completion is not expected before 2023.