The scheme – also known as Hawley Wharf – will see the delivery of over 170 new private and affordable homes plus retail and market spaces, around 9,175 sq m of employment space and high quality public realm.

McLaughlin & Harvey will also build the infant and junior primary school and nursery as part of the Camden Lock Village development.

The school will be the first part of the scheme to be delivered and is expected to open at the start of the academic year in September 2016.

Mark Alper, UK Group Property Director for Market Tech said today: “We are delighted to have appointed two very experienced, high quality contractors to deliver Camden Lock Village.

“It is an exciting time for us to start seeing the delivery of our vision – a new school for the community, much needed homes, new shops and of course some market space, alongside significant improvements to the canalside.

“Both Mace and McLaughlin & Harvey recognise the importance of this project to us, to the local communities and to Camden.  We will all seek to deliver this project to a high standard.”

Chief Operating Officer for Construction at Mace, Gareth Lewis, said: “This is a fantastic win for Mace to rejuvenate one of London’s favourite visitor destinations and deliver an iconic project for the capital.

“Mace was based in Camden for much of the past 25 years and we have great affection for and knowledge of the area.

“We’re therefore delighted to have this opportunity to bring our residential expertise and focus on innovation and high-class delivery to the benefit of the local communities.”

Market Tech has also announced the appointment of Piercy&Company as the architects to take forward a planning application for Camden Lock Market.