A spokeswoman said: ‘In spite of a buoyant year-end, sales in the first and second quarter continue to disappoint.’
‘We have announced our intention to consult with employees on a number of job losses.’
Meanwhile, the company maintained it ‘remained committed’ to all its current projects, but said it could not comment further on future schedules.
Among the projects currently on Urban Splash’s books are Gollifer Langston’s footbridge at New Islington (pictured), Manchester, and the developer’s Scottish forays at Cardross with Gareth Hoskins Architects and Irvine Bay with Reiach and Hall.
Urban Splash’s Flacq-designed Morecambe Central Promenade scheme around the Midland Hotel is not now expected to go to planning committee until early next year.