Grosvenor and EIH London Investments Ltd confirmed the hotel will take over 40-46 Brook Street, forming part of the new South Molton mixed-use development, which will also include offices, housing, cafes, shops, restaurants and leisure spaces.
Property group Grosvenor secured planning permission for the restoration of the 33,000 sq ft listed building in 2022, with construction having started in November 2023.
According to Google Maps, the new Oberoi hotel is situated a two-minute walk away from Claridge’s.
The Oberoi Group was founded in 1934 by M.S. Oberoi and now manages 32 hotels across seven countries: India, Indonesia, Egypt, Mauritius, Morocco, Saudi Arabia and the UAE.