Willmott Dixon has won two Camden hostel refurbishment jobs worth a total of £8 million, as well as a £16.3m contract to build 161 homes for Catalyst.
The hostels will be remodelled and enhanced to create modern studio accommodation.
Mount Pleasant in Holborn will see a mix of new-build and refurbishment to provide 50 en-suite bedrooms.
The Holmes Road Hostel in Kentish Town, meanwhile, will be remodelled to provide a further 59 en-suites.
The two buildings were identified by Camden’s Community Investment Programme as “not fit for purpose”.
Willmott Dixon is also currently engaged in the UK’s largest Passivhaus project.
The Catalyst housing project in Neasden represents the final element of a 500-home regeneration project in the area carried out by the contractor, including a transformation of a major part of the Church End estate.
The new tranche of homes will mix one and two-bedroom accommodation for shared ownership and equity purchase.
Work on the Craven Park site will start imminently and will see 300 construction jobs sustained, with completion intended for December 2014.
Willmott Dixon managing director Tim Carpenter said: “Craven Park is the finishing touch to the transformation of a large part of the Church End area in Neasdon.
“Through our partnership with Catalyst, we have helped create new housing and community facilities in Church End that will provide a high-quality living environment for generations to come – something that Craven Park will add to when completed next year.”
He added: “We’re delighted to be extending our role to provide more housing in Camden, this time to help the needs of homeless people.
“We have seen the effects of the economic downturn and homelessness remains a major problem in Britain. Here we will be providing safe accommodation for some of the more vulnerable people in our society.”