Try logging in as the Steve user and see if it works then.
If you’re still having trouble, take screenshots of the Windows permissions for the problem directory and each of its parent directories to help isolate the problem.
If you decide to move on with your project without figuring out what Windows is doing weird with its permissions, try making the project somewhere else like in C:/dev/space
As an aside, I’d recommend you create a projects folder inside your Documents folder. That’s what I did, and it’s helpful because I now have 115 projects in that folder, and it would be a nightmare if they were in with all my documents. It might also solve your problem.