W Sydney is on track for a 2023 opening after Australian property developer Greaton appointed Multiplex to complete The Ribbon development in Darling Harbour.

Construction of The Ribbon, which includes the 585-room luxury W Sydney hotel, IMAX theatre and retail, came to a grinding halt earlier this year when the previous builder, Probuild, went into administration.

Marriott International Area Vice President for Australia, New Zealand and Pacific, Sean Hunt, told HM that the company is very pleased with the decision.

“Marriott International is very pleased with the appointment of premier construction company Multiplex to lead the finalisation of The Ribbon Development and W Sydney,” Hunt said.

“The appointment will see the W Sydney on track to open in 2023.”

Multiplex will soon commence the remaining works on the site, which mostly centres around internal fit-out, and public domain works at the Darling Harbour precinct.

“The Ribbon is one of the most complex new major developments currently underway in Sydney and occupies public land right on the harbour foreshore,” said Greaton Project Director, Michael Calvi.

“Appointing a new builder has involved extensive consultation with various stakeholders.”

Calvi said Multiplex was “the clear frontrunner” for the project.

“Multiplex built the original IMAX theatre some 25 years ago, and so it’s with great pride that we are supporting Greaton to bring this re-imagined project to fruition,” said Multiplex Regional Managing Director, David Ghannoum.

“We look forward to getting started and delivering for Sydney-siders.”

Marriott International first announced the long-awaited return of the W brand to Sydney in June 2018, with the hotel predicted to open in 2020.

W Sydney will feature 585 guestrooms, suites and studio suites, a two-storey rooftop bar, heated infinity pool, spa, gym, all-day dining restaurant and bar. Earlier this year, Marriott shared the first look of the hotel’s event spaces.

Subcontractor partners, including Buildcorp for the interior fit-out works, will continue to be involved in the remainder of the project.