Developers insist a major housing development near Holytown is on track despite massive debts incurred by Sir David Murray’s companies.
The former Rangers chairman’s family owns Murray Estates which, together with builder Taylor Wimpey, is behind plans for 270 homes at Torrance Park.
Planning permission was granted seven years ago, but the project has been dogged by delays and it was only two months ago that Sir David and his associates announced work had finally started.
Last week it emerged that Murray International Holdings is closing with debts of around £200 million.
However, Willie Burns, managing director for Taylor Wimpey West Scotland, said: “We’d like to reassure the local community that our plans to deliver new homes at Torrance Park are unaffected by the recent media announcement in relation to Murray International Holdings.
“Our pre-construction works are progressing well and and we’ve already received a number of enquiries from a wide range of prospective buyers across the local area.”
It’s expected homes will go on sale in the spring with the first residents likely to move in by the end of the year. There will be a mix of three, four and five-bedroom houses.
The development also includes a clubhouse for adjacent Torrance Park Golf Club.