sentences:  Following an international architectural design competition held in 2003 by RIBA Competitions, in which over 200 of the world's leading architects competed, the old kiosk was replaced by a new highly modernistic one designed by the Italian firm Bianchini e Lusiardi associati with the work projected to take up to five years.It was actually completed in July 2007 with the cost of the project amounting to £160,000.The site is located to the north west of the Golden Jubilee Bridge on the Victoria Embankment opposite the Embankment Tube Station.