A major construction firm behind the already delayed luxury student flats in Lincoln has filed for liquidation.
The £20 million student flats on Mint Lane will be home to 138 luxury apartments when ‘Gravity’ opens ahead of the new academic year in 2020/21.
Broadley Group, the principal contractor at the site, filed for liquidation prompting fears of further delays.
It is being developed by the Parklane Group under its IconInc brand, which already operates several student accommodation developments in Leeds and Liverpool.
However, the Parklane Group is confident that there will be no further delays on the project and insisted that it will be open in the spring.
The development will include a steam room, sauna, home cinema, gym, fully equipped pantry with grab-and-go breakfast and a 24-hour concierge.
A spokesperson for the group said: “The contractor working to complete the IconInc student accommodation site in Lincoln was placed into liquidation in late December.
“The Parklane Group, which owns the IconInc brand has already taken steps to ensure that this does not delay the opening of the new Gravity site.
“A scheduled completion date for the site has been set for the spring, well ahead of the start of the 2020/21 academic year.”