Upon creating a new C++ Project called "MyProject" with starter content enabled, if you delete the project folder from the finder, then re-create a new C++ Project under the same name "MyProject" with starter content enabled, The project will load without any starter content.
Result: No Starter Content is created with the Project
Expected: Starter Content Would be created with the Project.
There's no existing public thread on this issue, so head over to Questions & Answers just mention UE-70779 in the post.