The town of Nairn sits on the shores of the Moray Firth
Developers behind a proposal to build 550 homes at Sandown on the outskirts of Nairn have said they hoped to start work on the site next year.
Deveron Highland and partner Servite Housing Association will press ahead with the £100m scheme in the face of a slow down in the housing market.
The economic climate has seen Tulloch - a local major employer - cut jobs.
Deveron Highland spokesman Mark Cummings said the Huntly-based firm was committed to the project.
He said: "We have no concerns in terms of this development in current market conditions.
"Quite the reverse, we are very positive about it."
NAIRN FACT FILE
New developments in Nairn include the Highland's first Sainsbury's supermarket, which has outline planning permission
The store is part of a proposed £20m development
Plans for a hotel, a championship golf course and up to 300 houses at Delnies were submitted as an outline planning application in June
Mr Cummings said Deveron Highland was a small Aberdeenshire-based operation specialising in high-value, high-profile projects such as the expansion of Nairn.
Dundee-based Servite will help provide 138 affordable homes element of the development.
Mr Cummings added: "It is sad news local companies are having to cut back.
"We want to give the message to people locally we are very much committed to the project in Nairn."
The 86 acre (35 hectare) site was owned by Highland Council.