The 500-room hotel will be the largest in the city. It will complement the existing Crown Perth resort, which already has a newly renovated 24 hour casino, 688 hotel rooms and venues including restaurants and nightclubs.
In addition to accommodation, the Crown Towers Perth development will feature amenities including a resort pool, restaurants, bars, a ballroom, convention suites, and VIP gaming salons.
Work is expected to start on site in early 2014, with construction anticipated to be completed in less than three years.
The preferred contractor status comes on the back of Brookfield Multiplex recently winning the contract to construct the new underground bus station for the AU$4bn (£2.36m) Perth City Link, under an alliance with the Public Transport Authority. "To be in pole position to deliver key elements on potentially two major, transformative inner city projects is a great endorsement of our capacity to deliver as a third party contractor," said Brookfield Multiplex regional managing director Chris Palandri.
"Our Western Australia portfolio now totals in excess of $3.3 billion, with multi-billion dollar developments alongside more boutique and specialised projects, which shows that we can operate on any scale across a whole range of sectors - from mining and health through to transport, hospitality and entertainment.
"The Crown Towers hotel will provide much needed new rooms near the heart of the city, to assist with Perth's shortfall of world-class accommodation for both business and leisure travellers in our city.