Inside the Rialto Regeneration Project #1
Melbourne is abuzz with the maturation of Midtown – Collins Street. At the centre of it all is the Rialto Regeneration Project. The $100 million redevelopment to the Rialto plaza is part of a wide ranging asset re-positioning strategy crafted by Equiset for the Rialto Joint Venture.
Over the coming months, I’ll take you inside the project, behind the construction hoardings, and provide some insights into this complex project.
Challenge #1: Demolition. Severing steel trusses each weighing around 30 tonnes and lowering them safely to the ground before cutting them into small sections. The old plaza structure is on its way to recycling bins – steel, concrete, glass, and bricks.
From Collins Street, we will soon see the Venetian inspired heritage facade of the Intercontinental Hotel is being properly revealed along its full elevation. A tremendous attribute for the new plaza, it will be the backdrop to increased activation, and food retailing upon completion.
Head contractor, Built, together with demolition expert, Delta, are managing to keep the works progressing while the RJV keeps over 50 office tenants and Vue de Monde operating in the 86,000 sqm office tower. Occupiers are kept up to date with regular communications and a “look-ahead” programme. Every individual person is able to check in, and provide observations and feedback via the atRialto portal.
Watch this space for more Inside the Rialto Regeneration Project …