On Friday 25 May 2007 the State Government of Victoria and the City of Port Phillip announced that the Citta Property Group and their consortium had won the hotly contested tender to lease and redevelop the St Kilda Triangle site and manage the Palais Theatre.
In announcing the winning bid, Port Phillip mayor Janet Bolitho described Citta’s proposal as the “Best out of a worldwide expression of interest. Best out of Australia’s cream of architects, restaurateurs, landscape architects, project managers. Based on the best advice from panels of experts.”
Citta’s redevelopment proposal was the culmination of over two years work following an invitation from the City of Port Phillip in August 2005 to the BBC consortium to formulate a redevelopment plan for the significant and substantial triangle site on the foreshore of St Kilda.
Citta readily accepted the challenge established by the community and the City of Port Phillip to develop the $300 million Triangle site only if the balance between public benefits and commercial activity achieve an outcome which reinforces the diversity of St Kilda and strengthens the unique personality of the precinct.
In responding to this challenge, Citta assembled the strongest possible group of designers and advisors. The design team has been lead by Ashton Raggart & McDougall, one of Australia’s preeminent Architectural firms. The architectural team also includes Grant Amon Architects and Lyons Architects.
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