Sir Robert McAlpine has been chosen as the main contractor for the £460m regeneration of Woking’s town centre.
The contractor will start work on the mixed-use project in June after being selected by Bandstand Square Developments, a joint venture between Woking Borough Council and shopping centre owner Moyallen.
Woking Council confirmed the contractor had been chosen for the project that will see around 11,000 sq m of retail space created, alongside 392 residential apartments, a new medical centre and a 190-bed hotel with spa and gym.
Sir Robert McAlpine entered into a pre-construction services contract with the developer for the project last year under the understanding that the firm would take on the main contractor role once funding for the project was agreed.
In December 2016, Woking Council members voted in favour of an investment package that would see the project financed by the Public Works Loans Board.
Demolition and enabling work on the existing Woking Market, Post Office and Woking Fire Station has already begun ahead of main construction beginning in the summer.
The completion date for the project is 2021.
A number of high-profile retail retailers have signed deals to be housed in the new development, including Marks & Spencer and the hotel owner Hilton.
Sir Robert McAlpine will also be a tenant at Victoria Square with it being th location its new South-east regional office.
Sir Robert McAlpine declined to comment.