Developer replaces failed contractor on luxury apartments scheme
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The developers of Trent Bridge Quays, a development of apartments and townhouses on the river Trent in Nottingham, have reassured buyers following the collapse of the original contractors nmcn.
Trent Bridge Quays , a subsidiary of Elevate Property Group, has already appointed Bode Contracting, to complete the development.
Assure Homes an aftercare specialist has also been appointed by Trent Bridge Quays.
James Costello, development director of Elevate Property Group, said: “We have worked with Bode Contracting on a number of our sites and we have every confidence in them completing our development as swiftly as possible.
“We will now be able to proceed at a far quicker pace than had been possible with nmcn as progress had been at a snail’s pace since the announcement of their financial difficulties around 12 months ago, nmcn finally entered into administration earlier this week.”
He added that completion of the 95 properties was now scheduled for the first quarter of 2022 and said that work would now begin in parallel on Phase 2 – the construction of another 58 apartments and townhouses on the neighbouring former Muller Yard.
He confirmed that nmcn based in Huthwaite have no connection with Trent Bridge Quays or Bode Contracting and the building contract has now been terminated.