The first Rialto building was named so for its distinctly Venetian Gothic architecture; a unique period style often described as “refined grace”. Today, the architecture can be found within the InterContinental Hotel Rialto and the precinct’s heritage buildings on King Street.
In 1981, Grollo Group entered into a joint venture with St Martin’s Properties, a London-based company with significant commercial property ownership worldwide, to develop the Rialto site on the corner of Collins and King Streets. Inspired by Rialto’s history, the partnership sought to create a visionary building that would evoke aspiration and success.
Cornerstone to the Rialto experience is its inherent ‘nature’ to constantly evolve the premium business lifestyle experience. It is a place that features the dining excellence of Vue de Monde and The Merchant as and the first in Australia to introduce a hyper local online community and a concierge service for all.
The joint venture of Grollo Group and St Martins Properties has made a significant $100M investment in a world-class design and regeneration of the famous precinct. A new low-rise building will ‘wrap’ the corner of Collins and King Streets and feature a roof-top planned for a uniquely Melbourne dining and bar experience. New spaces for offices, retail and dining will showcase Rialto as the heart of Melbourne’s emerging new ‘mid-town’. Works will be carried out over a number of stages until completion next November 2016 to coincide with Rialto’s 30th anniversary.