Candy Candy could freeze the ￡1bn redevelopment of its Chelsea Barracks site unless planning conditions are relaxed. Nick Candy, the developer's co-founder, said it had been "far too generous" so far in the planning settlement it had offered to Westminster council for the luxury scheme. The firm is now working on a revised planning application for the 638-flat development. When asked if he was thinking of lowering the 50 affordable housing ratio to make the scheme viable, he said: "Yes. There needs to be a reality check." According to Candy, the Qatari ruling family is financing the project, so it is not suffering from funding problems like other major regeneration schemes are.
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