Multi-millionaire businessman Peter Prior has abandoned plans to move Furze Platt Senior School to Spencers Farm in Maidenhead.
The axe fell on the scheme after Royal Borough councillors blocked it with a pledge to protect the area's existing greenbelt boundaries at a meeting in Windsor last night.
A motion was put forward by council leader David Burbage (Con, Bray) and supported by all but two of his colleagues.
This morning the Summerleaze owner slammed this as 'giving way to populism' and compared the borough's decision to Mussolini in Facist Italy and to the minority influencing the majority.
He told the Advertiser the plans could no longer go ahead.
Summerleaze had been working with Furze Platt on the controversial vision for a 'community campus' which would include a new school and 320 houses.
A further 380 homes had been suggested to replace the old buildings in Furze Platt Road.
Mr Prior also announced his intention to resign from the Maidenhead Waterways Restoration Group, of which he is chairman and the founding sponsor, at its next annual general meeting.
Only a fortnight ago he said he was confident the Spencers Farm scheme would be granted planning permission.
Read the full report in tomorrow's Advertiser.
Top Ten Articles
CCTV images have been released of men police would like to speak to in connection with a homophobic attack on a couple as they took a train home from a Valentine's Day meal.