“Southside is back,” enthused Doug Maskiell, one of the Espy’s new owners, days out from its reopening.

St Kilda has long been dogged with claims that some of its charm has faded, including that it’s lost its title as the home of Melbourne’s live music scene to the city’s north.

The closing of its iconic Esplanade Hotel three years ago, although always only temporary, seemed to seal its fate.

The Esplanade Hotel has reopened after a redevelopment that's taken three years. Credit:Joe Armao

But it appears the long wait has been more than worth it, with its extensive restoration – including three live music stages, 12 bars and two restaurants – sure to help revive St Kilda’s status as a top nightlife destination.