U+I says trading hit by stalled west London job

Preston Barracks, Brighton

Developer says mixed-use scheme unlikely to start until after March

Developer U+I has warned the ongoing delay to its development at Kensington Church Street will mean it won’t be able to report any gain on the scheme in the current financial year.

A joint venture with Brockton Capital, the development will deliver 55 new homes, including 19 affordable units, a medical surgery, office and retail space and was finally given the green light by London mayor Sadiq Khan last September after previous proposals had been refused.

But two months later it was called in by the Secretary of State for Housing James Brokenshire at the request of the Royal Borough of Kensington & Chelsea, who wanted Khan’s approval reviewed.

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