This was really bad news for Muirfield's staff and the workforce of their sub-contractors. It is also bad for the city in that Muirfield Construction are the last remaining major building contractor based in Dundee.
Residents of Whinny Brae didn't take long to notice that the conversion work on the former Eastern Primary School had abruptly stopped mid week.
Later on Wednesday, the Directors of TOR Homes, the owners of the former school, issued a statement saying;
that,
"The Directors of TOR Homes remain fully committed to the redevelopment of the former Eastern Primary School, Broughty Ferry despite losing Muirfield Contracts, the main project contractor, following their recent announcement that they will be going into administration."
The company acquired the vacant Eastern Primary School from Dundee City Council and successfully applied for planning permission to convert this A-listed, Edwardian school into Eastern Residences - 27 luxury apartments.
Paul Millan, Director, TOR Homes, said today:
"To lose our main contractor at the outset of this construction project is a major setback. However, we have been working on our vision for two years and remain 100% committed to completing the project."
"On this week's news it would be premature for us to predict future timescales but we will be working hard to replace our main contractor and will make further announcements on the revised building programme in due course.”