The projects include the building of specialist construction centres, advanced engineering facilities and cutting-edge design departments across the country.
The Government will release £114m in grants, matched by £80m of local investment.
Four projects figure over £10m in size. This include the £30m second phase development of LeSoCo college’s Waterloo Campus in London.
Also nearby Lambeth College can go ahead with plans to spend £12m developing a new learning hub in Clapham.
In the south west, Somerset College will spend £12m upgrading and refurbishing its iconic art and design building in Taunton.
And City of Sunderland College can proceed with plans to spend £16.5m on new buildings to teach students advanced engineering, construction and automotive trades.
The government grants have been allocated as part of the most recent fourth round of the College Capital Investment Fund.
Since the launch of the CCIF in December 2012, the government has committed over £471m in college capital investment, enabling the delivery of projects across the country worth over £920m.
On a visit to New College Nottingham, a previous CCIF grant recipient, Skills and Enterprise Minister Matthew Hancock said: “As part of the government’s long term economic plan we must ensure that further education and vocational training is of the highest possible quality and this vital investment will help make that a reality.”
The government is targeting the colleges in greatest need of help to update and modernise their facilities.