A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed.
NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo.
In a press release published on its website at the time, Stevens Construction described itself as a longstanding pillar in the NSW commercial construction industry.
It said, however, skyrocketing costs had made continued operations unsustainable.
The construction industry has faced significant challenges since the onset of the COVID-19 pandemic, the statement read.
Unprecedented disruptions have led to skyrocketing building cost…
Read the full article at: https://www.news.com.au/finance/business/other-industries/major-builder-stevens-construction-goes-into-liquidation/news-story/5a7db170045bfcb92e05a265db53a293
