Interior/Exterior, Bovis Lend Lease and HBG on shortlist for 245-room hotel designed by Jestico + Whiles.

Three contractors are vying to build a new £25m hotel on the More London Development next to Tower Bridge.

Interior/Exterior, Bovis Lend Lease and HBG are competing to build the new 245-room Hilton London Tower Bridge, designed by architect Jestico + Whiles.

The scheme has already received detailed planning consent and is due to go on site later this year. Completion is expected in autumn 2006.

Hilton signed an agreement with developer More London Development to lease the hotel, which will also include a 400-delegate conference room, in April. It will bring the number of Hilton hotels in central London to 15.