The new 6-storey building, designed by architects Bond Bryan, will provide college and community facilities, together with a new business hub in Nottingham.
It will be built on disused brownfield land next to the Broadmarsh Centre and tram overpass at the foot of Lace Market Cliff.
The new City Hub campus building forms part of an ambitious £250m Southern Gateway regeneration scheme, spearheaded by Nottingham City Council involving the redevelopment of the intu Broadmarsh Centre, the rebuild of the Broadmarsh bus station and car park, as well as the remodelling of road and pedestrian routes in the area.
Wates has committed to engaging with a local supply chain and providing training and employment opportunities for local people.
It will also work closely with the college’s construction team as part of a significant student engagement programme that will demonstrate the wide variety of career opportunities within the built environment.
John Carlin, Business Unit Director, Wates Construction Midlands, said: “We are very proud to have secured the contract to build what will be an exceptional centre for education in the East Midlands.
“As well as being a superior facility for students, the Hub will also be of excellent use for community groups and the business sector and will play a key role in creating a new destination within the city centre.”