Crest Nicholson pulls plug on £250m housing job in Sussex

By Hamish Champ2019-08-27T05:00:00

Housebuilder blames increasing economic uncertainty as it drops out of King Alfred redevelopment in Hove

Crest Nicholson has blamed worsening political and economic uncertainty for its decision to walk off a multi-million pound housing scheme on the south coast.

The housebuilder, together with Starr Trust, successfully bid to redevelop the 1.8ha King Alfred development in Hove in 2016, a job the council said was worth £250m.

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