The new build development on plot W03 will provide 320,000 sq ft of residential and retail space.
The mixed-use project comprises of two blocks of 10 storeys and 15 storeys.
The blocks include 340 Build to Rent units with associated common spaces and ground floor retail units.
Construction works include reinforced concrete frame, brickwork façade with offsite prefabricated bathroom pods as well as external works including a new roadway.
McLaren has also signed a contract for early works and Pre-Construction Services Agreement the adjacent W06 plot.
This will include realignment of a section of road known as Perimeter Way West and installation of underground services below it.
McLaren will also be installing the temporary sheet piling, reduced level excavations and load bearing piling for the future residential and commercial buildings on the plot.
John Butten, Regional MD of McLaren Major Projects said: “Following the successful appointment to Quintain’s contractor framework, we are extremely pleased to be awarded this project next to Wembley Stadium.
“Our commitment and dedication working with Quintain and the design consultants to achieve success has been rewarded by the further appointment to a PCSA stage on the adjoining plot which is due to be awarded later this year.
“We are looking forward to constructing this prestigious project working with Quintain and in close coordination with the stadium for logistics purposes and in conjunction with the other contractors working on the framework at Wembley Park.’’
Matt Voyce, Executive Director – Construction, Quintain said: “We are delighted to have concluded the contract for W03.
“Our 85 acre development at Wembley Park is set to become the largest single build to rent site in the UK and seeing it evolve over the last decade has been a real privilege.
“We look forward to working with McLaren on these two pivotal plots adjacent to the National Stadium.’’
Kevin Taylor, Chairman of McLaren Group added: ‘’The opportunity to design and build these prestigious projects for Quintain is very exciting and we are very much looking forward to working in partnership to play a part in the transformation of Wembley Park.”
The developments’ completion dates are phased throughout 2018 and 2019.