We must not have a bad economy if Obama is more about jobs in England than here. 1 Billion dollar embassy means what to the deficit?
US diplomats add a moat to their expenses at $1bn London embassy - Times Online
The United States has unveiled plans for its new $1 billion high-security embassy in London — the most expensive it has ever built.
The proposals were met with relief from both the present embassy’s Mayfair neighbours and the residents and developers of the Battersea wasteland where the vast crystalline cube, surrounded by a moat, will be built.
The decision to abandon the former site in Grosvenor Square by 2016 came after a prolonged battle with residents angered by the security measures demanded after the September 11 attacks. More than a hundred residents took out a full-page advertisement in The Times to oppose tighter measures that they said would leave the area more vulnerable to attack.
The new embassy, on a former industrial site behind Battersea power station known for its gay clubs, will be designed by Kieran Timberlake, the Philadelphia architect.