Morgan Sindall has won the contract for £50m of mixed-use developments and infrastructure upgrades in Leicester.
Plans for the site off Vaughan Way east of the city centre include two hotels of six and 10 storeys, 35,000 sq ft of office space and a new public realm called Great Central Square.
Morgan Sindall won a competitive tender process to deliver the £47m scheme for developer Charles Street Buildings (CSB).
Work is scheduled to start next month with a target completion for late 2019.
In addition, the contractor will also carry out £3m of improvements to surrounding roads, which includes building a ‘super-crossing’ over the six-lane Vaughan Way road.
Morgan Sindall Midlands MD Sean Bowles said: “We worked closely with the city council to successfully deliver the Richard III visitor centre, which has helped maximise interest in the historic find.
“We’re incredibly pleased to be working with them, and with CSB, to deliver both this landmark scheme and the programme of important infrastructure upgrades.”
CSB director Joseph Murphy said: “We’re very pleased to have appointed Morgan Sindall to deliver this landmark development which is set to drive much-needed regeneration in the Waterside area.
“To get to this stage is testament to a pro-business local authority working collaboratively with a developer with long-established local roots, and a main contractor with the dual capability to deliver an ambitious mixed-used scheme and a programme of infrastructure works.”
Morgan Sindall’s construction arm revealed a 129 per cent jump in operating profit for 2017 in the company’s financial results released last week.