The new 6-storey campus designed by architect Bond Bryan will provide college and community facilities, together with a new business hub for the college – formed by the merger of New College Nottingham and Central College last June.
D2N2 Local Enterprise Partnership has committed £30m to the project, supplementing an £18m loan from Nottingham City Council and the college’s owns funds.
Nottingham College also confirmed work on the City Hub is still due to start this summer, despite the college cancelling its previous tender competition.
The Hub will be built on a site next to the tram bridge on Canal Street and Middle Hill.
The building project was granted planning in February and will be home to around 2,000 students studying business, computing, travel and tourism, science, hospitality, care and early years courses.
The campus will also house a performing arts centre, student retail space, café and training restaurant and bar.
This will encourage business start-ups, better collaboration between the college and employers and provide the wider community with improved training and skills resources.
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.
Leeds-based Silcock Leedham are M&E consultants with Aecom providing structural design advice and Gleeds cost consultancy.