Dow Jones

California dreaming: Why an entrepreneur who wanted to build an

Nigel Mitchell had a very particular kind of dream-home in his mind. For more than a decade, this Bath entrepreneur plotted to demolish his existing house on a site overlooking Bath, and build an ultra-Modernist home on the same site. But delays, legal disputes, and surging steel prices pushed the projected construction cost to more than £1m, and he was forced to think again.