Candy Bros Scupper US Embassy Plan; Barracks Deal Off: Nicholas Candy and US Ambassador Robert Tuttle
THE STRUGGLE to find poor old Uncle Sam a new home in the capitalcontinues.
Earlier in the year I reported that the US embassy had decided to move out ofits Grosvenor Square headquarters, following years of wrangling withWestminster council and local residents over the need for increased securitymeasures since 9/11.
Now the embassy, which has already put its vast Mayfair property on the market,has been rebuffed by property developers the Candy brothers, whom the Americanshoped could provide the answer to their prayers.
I hear the Candy brothers have told American Ambassador Robert Tuttle to forgetabout moving into the Chelsea Barracks site, which their property company theCPC group is developing after buying it from the Ministry of Defence for areported [pounds sterling]900 million. The embassy had originally expressed an interest inbuying the site when it came up for sale, but never submitted a bid.
It is thought the Candy brothers offered to incorporate a new embassy buildinginto their redevelopment scheme, which may have encouraged the embassy not tobid. …