Bulgari is targeting London for its next boutique hotel.

The Italian jeweler announced it will build an exclusive hotel in London on the site of the former Normandie Hotel in Knightsbridge. The hotel will overlook Knightsbridge Green, feature 78 rooms and be run by the Ritz-Carlton. Expect a great luxury experience.

The hotel, to be designed by Antonio Citterio, will also have a ballroom, private members club, business center, meeting rooms, spa, swimming pool and hydrotherapy steam rooms. It will be modeled along the lines of the original Bulgari hotel in Milan.

Bulgari is targeting December 2011 as the open date.