Admiralty Arch is a landmark building in London providing road and pedestrian access between The Mall, which extends to the southwest, and Trafalgar Square to the northeast. Admiralty Arch, commissioned by King Edward VII in memory of his mother, Queen Victoria, and designed by Aston Webb, is now a Grade I listed building. In the past, it served as residence of the First Sea Lord and was used by the Admiralty. Until 2011, the building housed government offices. In 2012, the government sold the building on a 125-year lease for £60m for a proposed redevelopment into a Waldorf Astoria luxury hotel and four apartments. The hotel is scheduled to open in late 2023.