The owner of The Peninsula Hotels has his sights set on London. The anticipated hotel will be opposite the Buckingham Palace gardens overlooking Hyde Park. The property will be part of a new mixed-use development at 1-5 Grosvenor Place. No word yet on the hotel facilities, but if it’s anything like the hotly anticipated Paris hotel, it will have a swank spa, pool with underwater mood lighting, gastronomic restaurants (maybe even haute Cantonese and Chinese cuisine), The Lobby for traditional Afternoon Tea and The Peninsula Academy.