The project involves the creation of 496 new energy efficient student homes and a 482-space modular construction multi-storey car park.
In addition, 734 existing rooms will benefit from an extensive refurbishment, bringing them up to modern standards.
ENGIE will also undertake 50-year facilities management and lifecycle works contracts, providing ongoing repairs, security and cleaning services to support the daily lives of students.
The new accommodation will be constructed in the form of townhouses to complement existing buildings in the surrounding area.
It will be powered and heated entirely through electricity – with the refurbished building heated by air source heat pumps – which the consortium has pledged will be from 100% renewable sources.
The new multi-storey car park will also feature 24 EV charge points, with infrastructure in place for a further 72 in the future.
Jake Fellows, Divisional Development Director for ENGIE UK & Ireland, said: “The University of Birmingham is one of the UK’s most highly-ranked institutions, so we’re delighted to have been chosen to create market-leading accommodation that is highly sustainable and equipped to meet the university’s ever-growing demand for places, as well as providing the best experience possible for the students who decide to call it home.”
Building work is set to begin in the summer, with completion expected in August 2023.