The site will be the firm’s fifth in the UK and will employ 1,200 construction workers once the scheme gets underway.
A main contractor for the job will be confirmed imminently.
Bowmer & Kirkland is believed to be favourite for the £90m main contract with Balfour Beatty and Sir Robert McAlpine also in the race
Prime Minister David Cameron said: “Center Parcs is much loved by many and this new site is not only great news for holiday makers but great news for the economy too.
“This expansion and the jobs that it brings will be a real boost to growth and a sign of the increasing investor confidence that there is too.”
Center Parcs Woburn Forest is expected to open in Spring 2014 and will comprise 625 forest lodges, a 75 bed hotel and spa with 12 associated spa suites and two main centres including indoor sports facilities, swimming pool, restaurants and retail outlets.
It will also include outdoor sports and leisure facilities and a lake.
Pre-construction works at the site have been completed by Breheny.
Martin Dalby, Chief Executive of Center Parcs, said: “I am delighted to be moving ahead with the construction of our new site at Woburn, which will bring significant benefits for both our guests and the wider economy.”