Ocon Construction will start building this month a 1,259-unit accommodation complex for University of Liverpool at the top of Brownlow Hill in the city centre.
Crown Place will be built in three blocks on the site of the university's former veterinary school, which will relocate to a new building, currently nearing completion.
Work will begin on site when the veterinary school has moved across to its new facilities and Ocon will then demolish the existing building, recycling the fabric of the old veterinary school as piling material for the student halls.
The design and build project, designed by Lewis & Hickey Architects, comes as Ocon's work on the University of Liverpool's £34m Chatham Street scheme draws to a close.
Once completed in August 2014, Crown Place will bring the total number of student bedrooms constructed by Ocon for the university to 2,008.