Qt Creator 3.5.0 Crashes when Importing Existing Project

When using the Import Project -> Import Existing Project in Qt Creator, Qt Creator will crash on the final step of the import.

Steps to reproduce:
1. Fill a directory with some source files, maybe a "hello world" main.cpp.
2. In Qt Creator go to File->New File or Project->Import Project->Import Existing Project
3. Make a test project name and in the location select the directory with the aforementioned source files.
4. Include all files in the directory in the File Selection pane.
5. Under Project Management no subproject or version control needs to be selected.
6. Click finish and watch it burn.

When debugging the crashed program in visual studio it says the crash occurs in the ProjectExplorer.dll with the attached stack trace.