It is part of the London Inner Ring Road and runs from Hyde Park Corner in the south to Marble Arch in the north.

The road has a number of historically important properties and hotels and has been one of the most sought after streets in London, despite being a major traffic thoroughfare.

In the 20th century, Park Lane became well known for its luxury hotels, particularly The Dorchester, completed in 1931, which became closely associated with eminent writers and international film stars.

Past and current residents include the business mogul Mohamed Al-Fayed and former council leader and Lord Mayor Shirley Porter.

[6] In the 18th century, it was known as Tyburn Lane and was separated from the park by a high wall with few properties along it, aside from a short terrace of houses approximately where Nos.

[7][8] Author Charles Knight wrote in 1843, that by 1738 "nearly the whole space between Piccadilly and Oxford Street was covered with buildings as far as Tyburn Lane, except in the south-western corner about Berkeley Square and Mayfair".

[12] After the war, Charles Vane-Tempest-Stewart, Viscount Castlereagh, and his wife, Edith Helen Chaplin, continued to use the house and entertained there extensively.

After World War II, the house remained in the possession of the Londonderry family, until it was sold to make way for the 29-storey London Hilton, which opened on Park Lane in 1963.

[9] Much of the land to the east of Park Lane was owned by the Grosvenor Estate, whose policy was to construct large family homes attracting the nouveau riche to the area.

[19] The character of Park Lane evolved from its prestigious reputation in the early 20th century, as residents began to complain about motor traffic and the noise from buses.

[28][29][30] From World War II onwards, the hotel and Park Lane became renowned for accommodating numerous international film stars, and it was closely associated with Elizabeth Taylor and Richard Burton in the 1960s and 1970s.

[9] However, the strength of construction of the Dorchester Hotel gave it the reputation of being one of London's safest buildings,[32] and it was a safe haven for numerous luminaries.

[33] The British Iron and Steel Research Association, an institution responsible for much of the automation of modern steelmaking, was originally established at No.

[35] The film and stage actress Anna Neagle lived at Alford House on Park Lane between 1950 and 1964 with her husband Herbert Wilcox; the location of which is now marked with a green heritage plaque.

[44] Trevor Rees-Jones, the only survivor of the car crash that killed al-Fayed's son Dodi Fayed and Diana, Princess of Wales in 1997, briefly recuperated in a flat on Park Lane following the accident.

In 2006, former Conservative leader of Westminster City Council, Dame Shirley Porter moved into a new £1.5m development on Curzon Square after twelve years of exile in Israel.

[47] Rough sleepers also made use of the road's surroundings from at least 2012, with large begging gangs or other homeless groups sleeping in subways or covered shopping parades despite occasionally being cleared or moved on by police.

[48][49] Many of the hotels and establishments on Park Lane are today owned by some of the wealthiest Middle Eastern and Asian businessmen, sheikhs and sultans.

[6] In July 1866, following the destruction of the boundary railings after a demonstration supporting the Second Reform Bill, the road was widened as far as Stanhope Gate.

[63] In November 2008, the mayor of London, Boris Johnson announced plans to build a tunnel beneath the street, allowing land to be released for development and green spaces.

[64] The traffic improvements and remodelling have diminished the appeal of Park Lane as a residential address since it became one of the busiest and noisiest roads in central London.

The squares were designed to be equivalents of Park Place and Boardwalk, respectively, on the original board, which used streets in Atlantic City, New Jersey.

[68] In 1988, the World Monopoly Championships were held at the Park Lane Hotel, sponsored by Waddingtons, manufacturers of the British version.

[69] Since the game's original production, prices on the real Park Lane have held their value, though average rent costs have been overtaken by Bond Street.

[70] In Arthur Conan Doyle's short story "The Adventure of the Empty House" (1903), Sherlock Holmes investigates and solves a locked-room murder which took place at No.

[71][72] The writer Jasper Fforde refers to the street and its Monopoly square in his novel The Eyre Affair (2001), via the character Landen Parke-Laine.

The 1967 BBC television adaptation used Croxteth Hall in Liverpool for footage of James and Emily's house on Park Lane.

[75] In George Orwell's Coming Up for Air (1939) several conservative and imperialist politicians are derogatively referred to as "the Park Lane riff-raff".

[76] The Mini Countryman Park Lane is a high-end four wheel drive sport utility vehicle named after the road, where the company has a showroom.

[77] In Walter Lord's book A Night to Remember, which documents the fate of the RMS Titanic, a broad, lower-deck working corridor on E Deck, which ran the length of the ship, was referred to by officers as "Park Lane" (and by crew as "Scotland Road").