The developer behind a £50m housing scheme placed in limbo by the collapse of South West construction giant Midas Group Plc says it is now trying to work out how to finish the project.
The Nationwide Building Society’s 239-home eco-friendly Oakfield scheme, in Swindon, was being delivered by Mi-space, the housing arm of Exeter-based Midas.
Work began in 2021 and was scheduled for completion by Spring 2022. It was progressing until Midas hit the rocks and has now gone into administration with the loss of 303 jobs.
