The Ribbon

The Ribbon is a $1 billion redevelopment in the heart of Darling Harbour

It features a new Imax theatre, ground floor retail spaces, a renewed public domain and a 25-storey hotel recognised as the largest W hotel globally.

Plagued by two insolvent builders the project has a storied history. Essence has been key in steering this distressed project back on track, having been instrumental in the appointment of Multiplex under a new Construction Management Agreement.

Our role

Essence had undertaken the role of Independent Certifier under the D&C Contract between Greaton and the previous builder as well as the Agreement for Lease between Greaton and Place Management NSW providing independent assessments of time, cost, compliance and completion matters.

As lead project manager, Essence has since helped drive this project to completion of the Hotel and Imax theatre milestones. On behalf of Greaton Development Pty Ltd, Essence continues to oversee the playground and neighbouring PMNSW contribution works actively managing the clients contractual, financial, and program-related risks.