Chelsea Barracks

The fantastic site of the old Chelsea Barracks (still owned by the MoD) is back on the market and may become home to the new US Embassy. It's massive - 12.8 acres - and will surely become one of the most lucrative and prestigious new developments if this time, it manageds to get off the ground. A previous attempt to market the site fell through after the MoD attached too many complicated requirements to the site, but only after several bidders had spent up to £2m each on work to try and make it happen.

I got this from the Estates Gazette. Yes, I am that sad.