Plans to deliver a 600-room hotel in Nine Elms were recently approved by Wandsworth Council. Nine Elms is envisaged to become an internationally renowned business district and new centre for arts and culture in London, and the hotel will be an important part of that.
The development is expected to generate a range of economic benefits, including the provision of 350 direct jobs and the contribution of over £16m in GVA per year to the local economy. Visitors who stay at the hotel are also expected to annually spend up to £12m in the Wandsworth area, benefitting local businesses.
A complementary community café will also provide opportunities for local residents to gain experience and pre-apprenticeship skills in the hospitality and tourism sector.
Volterra, on behalf of Dominvs Group, prepared an economic statement that formed part of the planning submission. The document explained how despite the recent slowdown due to COVID-19, there is growing demand for hotel and conference facilities in London. Our work helped demonstrate how the hotel would support social benefits and contribute to the diversity of Nine Elms.
Further reading:
Official details of the development: https://dominvsgroup.com/nine-elms-2/
