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The 15-storey development, designed by architects Lifschutz Davidson Sandilands, includes a 68,200 sq ft hotel that will be operated by The Hoxton and 41,800 sq ft of offices. The hotel will comprise 192 rooms, a ground floor café / restaurant, mezzanine conference space and a rooftop bar and restaurant.

The scheme is due to complete in 2018.

Nigel George, Director of Derwent London, commented:

“We are delighted that Southwark Council has approved this exciting new mixed-use development. 40 Blackfriars Road will significantly enhance the area, add to the local amenities, and provide interesting spaces for hotel guests and office workers alike.”

Sharan Pasricha, Founder and CEO of Ennismore/The Hoxton commented:

"Southwark is an incredibly exciting part of London. South of the river is where we chose as home for our third London property because we're big fans of the neighbourhood, especially the theatre and food scene and we're looking forward to growing up alongside it. We chose to work with Derwent London as they have re-imagined some amazing buildings in London and we're continually impressed by their work."