In an interview with The Standard, Caring said the new Le Caprice will be sited on the southeast corner of the £1bn luxury hotel and leisure redevelopment of the former US Embassy.
It is planned that the hotel and restaurant will launch in June 2025.
Restaurant revealed back in January that Caring had secured a site within The Chancery Rosewood.
It followed a report by CoStar News that said the restaurateur was in talks with the building’s owners, Qatari Diar.
Caring told The Standard the new restaurant will ‘keep the essence’ of the original Le Caprice.
Split over two levels, the main restaurant will hold 120 covers with a further 88 available on the ‘all year round’ terrace.
The menu, meanwhile, will be updated with old Le Caprice classics such as the steak tartare, bang bang chicken and salmon fishcakes making up only around a fifth of the dishes on offer.
“My belief is that things have to move on, they have to move forward,” Caring told the paper.
“I’m sure a lot of people will want to see Le Caprice as it was, but I believe it should be moved into the 2020s. I want it to be chic, comfortable and classic. I think it’s fabulous to mix the old and the new both in style, customers and in food.”
High-profile New York restaurant Carbone is also understood to have secured a site within The Chancery Rosewood.
Le Caprice was originally opened by Mario Gallati on Arlington Street in St James’s in 1947 and was later taken over by Jeremy King and Chris Corbin.
The restaurant was acquired by Caring in 2005 and was recognised as one of London’s most famous celebrity restaurants with the likes of Mick Jagger and Elizabeth Taylor counted among its regulars.
Le Caprice closed in 2020 amid the Covid-19 pandemic, but plans were announced at the time to open the restaurant at another location.
The site was subsequently reacquired by Jeremy King, who relaunched it earlier it earlier this year under the name Arlington.