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CCS Theia 1.1.0.00001 error "Resource Explorer encountered an error"

I installed CCS Theia 1.1.0.00001. I did not change any options. When I click on "Create new project" the project wizard tab opens with a "Resource Explorer encountered an error." error.

It says that "C:\ti\ccstheia110\ccs_base\common\targetdb\devices" does not exist, which is true. The correct path is "C:\ti\ccstheia110\ccs\ccs_base\common\targetdb\devices".