Award-Winning Open Projects Group Enters Liquidation

Open Projects Group, a renowned construction firm based in south-east Queensland, has entered liquidation, marking a significant downturn for the company that was once celebrated for its achievements in the industry. The announcement came on January 30, 2026, when staff received an email from the company’s director, Kane McCarthy, informing them of the decision.

In his communication, McCarthy expressed regret for the situation, stating, “I’m deeply sorry that this is how things have ended. This outcome is not a reflection of your work or commitment, and I regret the impact this situation has had on you and your families.” The firm, founded in 2008, had employed over 75 staff at the time of its closure.

Impact and Projects

Open Projects Group was recognized as one of the largest full-service shop-fitters in the region, known for delivering a variety of high-profile projects. Notable works included Jane’s Rivertown Restaurant, La Luna Beach Club, and the Gold Coast Turf Club. The firm’s reputation for quality construction and innovative designs had earned it several awards throughout its operational years.

Following the liquidation, McCarthy indicated that liquidators would take over the management of the business closure and oversee all employee entitlements. He also took a moment to acknowledge the hard work of his team, stating, “The work delivered by Open Projects Group over the years was only possible because of the people behind it. I’m proud of what we achieved together, and I’m genuinely grateful for the effort, loyalty, and professionalism you brought to the business.”

The collapse of Open Projects Group reflects broader challenges in the construction industry, where firms often face financial pressures due to fluctuating material costs, labor shortages, and changing market demands. As the company transitions into liquidation, the future remains uncertain for its employees and ongoing projects.

The news has resonated within the local community, highlighting the potential impact on families and the economy in Queensland. Industry analysts will likely examine the reasons behind this closure to understand its implications on the construction sector as a whole.