The 18-month upgrading programme is the first to get the go-ahead since the Grenfell fire tragedy called into question recladding solutions.
Lovell’s revamp project will include new windows, balcony doors and panels, and the fitting of fire-resistant, insulated external cladding.
The internal and external refurbishment of the three 1960s-built high-rises – Harry Price, Hackwood and Wallace Houses – will now start this month.
Altogether, the 13-storey blocks house more than 200 individual flats.
Lovell will also install new lifts and new door entry systems, create extra car parking, carry out landscaping and the redecoration of communal areas.
Lovell regional refurbishment director Carl Yale said that the firm had been working in the area as one of Sandwell Council’s refurbishment partners since 2005.
He said: “We are proud to be continuing our long-standing relationship with Sandwell Council through this latest refurbishment scheme.
“This is a major programme of work which will deliver important physical improvements for people’s homes as well as lasting community benefits for the area.”