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Birmingham Post
Birmingham Post
Business
William Telford

Clarion Housing insists £22m Plymouth housing build will go ahead after Midas exits project

The developer behind Plymouth’s £22m Barne Barton rebuild has insisted it will go ahead without involvement from troubled Midas Group Plc - as it emerged the construction firm had already been dropped from the project.

London-based Clarion Housing Group said it will press ahead with the ambitious redevelopment of the former naval estate, and said it is close to appointing another contractor to carry out the work.

But it also revealed Exeter-based Midas Group had been removed from the project in mid 2021 - just a few months after the stricken company announced it had landed the work and well before details emerged of its current financial problems.

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