The site has been carefully designed to encapsulate the essence of St Kilda, ensuring the unique physical and cultural setting of the Triangle is maintained. The built form has been designed to retain and frame key vistas of the bay, ensuring that it does not encroach on existing uninterrupted bay views.
In redeveloping the triangle site, Citta is set to deliver a menu of public spaces and benefits for the City of Port Phillip valued at $60 million. Citta will be providing an extensive $20 million refurbishment of the iconic Palais Theatre, a new urban square, and space for a Linden II the new Centre for Contemporary Art in St Kilda and William Angliss Institute of Tafe to establish a Port Phillip Academy for hospitality training.
The site will also include an eclectic range of new live entertainment facilities, a boutique hotel, an underground car park, a range of cafes and restaurants and a new art-house cinema complex. A supermarket will be incorporated within the basement of the development which will be complemented by a range of support retail.
Citta has secured a 50 year lease over the site with options up to 99 years.
www.stkildatriangle.com.au
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