Tuesday, October 19, 2021

New contractor appointed at Trent Bridge Quays as nmcn collapses

The developers of Trent Bridge Quays, a development of apartments and townhouses on the river Trent in Nottingham, have moved swiftly to reassure buyers following the collapse of the original contractors nmcn.

Trent Bridge Quays Ltd, a subsidiary of Elevate Property Group, has appointed Bode Contracting to complete the development on their behalf.

Assure Homes, an aftercare specialist, has also been appointed by Trent Bridge Quays Ltd to ensure customer satisfaction with any post-completion matters.

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 plc as progress had been at a snail’s pace since the announcement of their financial difficulties around 12 months ago, nmcn plc 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 plc, based in Huthwaite, have no connection with Trent Bridge Quays Ltd or Bode Contracting Ltd and the building contract has now been terminated.

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