Grollo Australia is possibly best known for its joint ownership of Melbourne’s iconic Rialto Towers.
In 1981, Grollo Australia entered into a joint venture with St Martin’s Properties, a London-based company with significant commercial property ownership worldwide, to develop the site on the corner of Collins and King Streets.
In October 1982, Grollo Australia began construction and four years later, in October 1986, the 253 m high Rialto opened.
Since that time, the Rialto has become Melbourne’s major landmark. It has evolved into a world class tourist and business venue that incorporates excellent office facilities, cafes, theatre, function and retail facilities. The complex also includes a five star hotel.
Designed by architects Gerard de Preu and Partner and Perrott Lyon Mathieson, the Rialto Towers is one of the tallest reinforced concrete structures in the Southern Hemisphere and is well known for its unique design and glass facade. Constructed of reinforced concrete, the two Towers, one 63 stories and the other 43, are linked to become one. Rialto Towers stand on 75 huge concrete legs attached to rock 20 m below the building.