McLaren is believed to have fought off competition from Bowmer & Kirkland, John Sisk and Willmott Dixon to win the scheme which will contain a multi-screen Cineworld cinema, eight restaurants, a Travelodge hotel, a Morrisons and a new 500-space car park.
Work on the 76-week building programme to transform the nine-acre site for developer Citygrove is due to start next month with the demolition of the Warburg car park and Alexandra Surgery.
McLaren managing director Phil Pringle said: “We are delighted to have this opportunity through Citygrove and are looking forward to getting started on this exciting new project to provide a new leisure and retail destination for the local residents.
“We look forward to working closely with Citygrove and the local community during the build of this project”.
Daemon Sheehan, Construction Director, at Citygrove said: “It’s a pleasure to be working with McLaren Construction. They have demonstrated a great understanding of the project and will enhance our team. We look forward to delivering the scheme with them.”
The development is being financed through a £51m Forward Funding Agreement with Legal and General Property.
Ninety-five per cent of the 170,000 sq ft development is pre-let, with restaurants including Frankie & Benny’s, Pizza Express, Prezzo, Harvester, Subway and The Real China.
The scheme is being delivered through a Joint Venture between Rushmoor Borough Council and its development partner, Citygrove Securities Plc, as Westgate (Aldershot Ltd).