In response to significant construction projects that have been put on hold as a result of the demise of the construction company Tolent, Newcastle City Council says it will "assess its options.".
With the loss of more than 300 jobs, the Gateshead-based company entered administration earlier this month.
The renovation of Central Station and the nearby Pattern Shop, as well as the construction of new homes in West Denton, were among its projects in Newcastle.
The council stated that it would "strive to minimize disruption.".
Tolent, which is headquartered in Team Valley and has offices in Shotton Colliery, County Durham, Stockton, and Leeds, worked on a number of projects, including the £85.5 million Milburngate in Durham, which administrators described as "significantly loss-making.".
The construction of a new concourse, two new entrances, and the conversion of the Pattern Shop, formerly a part of Robert Stephenson's steam locomotive works, are all part of the Central Station project's next phase in Newcastle.
A council representative told the Local Democracy Reporting Scheme that Tonel is a reputable, long-standing local construction company that has given residents of the area employment opportunities since it was founded in the 1980s.
"We are very sorry to learn that it has entered administration and understand that this will be a very stressful time for the staff members who have lost their jobs.
As one of Tolent's clients with a number of contracts, we are collaborating closely with their administrators to find a course of action that is in the best interests of the city. The council will weigh its options and work to minimize any disruptions. ".
The Sunderland-based Brims Construction was announced earlier this week as stepping in to save roughly half of the lost Tolent jobs by taking over its Teesside operations, while the regeneration specialist RE:GEN Group has hired 33 Tolent employees who were laid off.