Winwood Heights will see the company’s housing specialists create 224 homes for Nottingham people over 55.
Work will involve construction of a new extra care apartment facility and modernising two 15-storey tower blocks.
The company will build a new 44 home extra care scheme in between the two existing blocks allowing resident to live independently, but provide flexible care as their needs increase over time.
Nick Murphy, Chief Executive of Nottingham City Homes, said: “The transformation of the tower blocks in Sherwood will offer huge benefits to our existing tenants and to many more older residents in the future, thanks to the construction of the extra care apartments and facilities.
“It will offer flexible care and support to enable older residents to continue to live independently.”
Simon Leadbeater, managing director at Willmott Dixon responsible for housing in the Midlands, said: “As one of the UK’s largest builders of retirement accommodation, with a long established presence in Nottingham, we are delighted to be involved in creating Winwood Heights.
“Our local team is looking forward to delivering modern new homes that will benefit thousands of people in Nottingham for many generations.”