The InterContinental Melbourne The Rialto is now accepting reservations for stays beginning December 15, 2008. InterContinental Melbourne The Rialto is a modern day monument of luxury that pays homage to its status as a heritage-listed building in the heart of the financial district. Completed in 1891 when Melbourne was the richest city in the world, the design by architect William Pitt is a superb example of ‘fin de siècle’ architecture. The hotel is located just a short stroll away from some of Melbourne’s major attractions, galleries, theatres, renowned shopping areas and restaurants. The famous Rialto Towers Observation Deck is just next door, offering magnificent panoramic views of the city. Melbourne has many walking and cycle paths but is best explored by tram, which stops outside our door.