Starter content won't appear if created new C++ project with the same name as a deleted C++ project

Created a C++ project with starter content and then deleting the project and making another C++ project with starter content with the project name the same as the previous project causes starter content assets to not be present. 

This is not a regression, it is occurring in 4.26.

1. Create a blank C++ project with starter content.
2. Name the project "ABCD"
3. After the project opens, take note that starter content is there.
4. Close the project and delete the project.
5. Redo steps 1 and 2.
6. Wait for the project to open.

Result: Observe starter content is not available.

Expected Result: Starter content should be present.