Unreal Engine 5.1 - Project corrupted/broken

Two things to add to this thread. I’m on an M1 MBP using UE 5.1.1 and this problem occurs every single time I delete my Intermediate and Saved directories.

To fix it, I have to:

  1. With the editor closed, move the content directory to somewhere else on the filesystem, as described.
  2. Open the editor. Obviously the content directory is empty
  3. Outside of the editor, move the content back into the project content directory.
  4. Relaunch the editor.

Seems to work.