A Melbourne-based flatiron contractor is closing his firm after 20 decades.
Carlisle Construction Materials has been working in Melbourne’s west since 1966.
It has worked on the City of Melbourne’s iconic Flatiron Road and will be closing on April 18.CEO Peter Carlsdale said the company was working to minimise disruption to the local community and would be working with the local council to inform local businesses of the closure.
“We are very saddened to inform you that the company has today informed the City Council that the building of new flatiron structures will be required in 2019,” Mr Carlsdal said.
“The Flatiron Development Project was a critical undertaking to bring the City to the level it is today.
It created hundreds of thousands of jobs and helped to secure Melbourne’s place in the world.”
Mr Carlsdales construction company will continue to build new buildings around Melbourne and will continue its operations in the state.
The company is one of a number of Melbourne construction companies to have closed or scaled back their operations.
A spokeswoman for Melbourne Construction Services said the closure would not affect its business.
“It is a business decision for the company, not for the City,” she said.
The City of Victoria has a statutory duty to close any and all construction projects when the building industry’s supply and demand for workers, equipment and services are affected.
It also has the power to suspend or revoke construction contracts if it finds the project to be “unsustainable”.
Mr Carlasdale said it was important that the City did not lose its place as one of the most important cities in the country.
“Our job is to make sure the City is one that continues to be a great place to live and work,” he said.