Lendlease has been picked to build the 2022 Commonwealth Games athletes’ village in Birmingham.
Birmingham City Council selected the firm as principal contractor for the village, known as the Perry Barr regeneration development.
The contract is understood to be worth £350m.
Located on a former Birmingham City University campus in Wellhead Lane, the village will accommodate around 6,500 athletes and officials during the 2022 Commonwealth Games.
Following the Games, the site will be used to provide 1,400 new homes for the area.
Demolition of the former university started in June and is due to complete shortly.
Proposals for the development, due to be considered by the council’s planning committee next month, include an extra care village for older people, retail and commercial space, and a new community centre.
Birmingham City Council leader Ian Ward said: “It’s great to have Lendlease on board. They have an unmatched track record of delivering major projects like this on time and to the highest quality.
“I’m pleased to welcome them to the team and I have every confidence that they will work well with us to deliver a development that will be used for the Commonwealth Games Village that we can all be proud of in 2022 and beyond.”
Lendlease chief executive for Europe Dan Labbad said: “The city of Birmingham has an exciting future that will further its global recognition and increase its influence on culture and industry across the UK.
“It’s great to be part of this growth and we look forward to working with Birmingham City Council to create a place that will positively benefit local people and visitors while creating more jobs, more homes and a legacy that surpasses this historic event.”