Developer and operator of student housing Urbanest appointed Balfour to build the new 454-unit development.
The scheme will create a number of jobs locally alongside an additional 20 apprenticeships.
The £42 million scheme at 5 Miles Street will include 454 apartments at a variety of price points. The 33-storey building will include a wealth of personal and communal study areas, lounges and a cycle store, together with significant enhancements to the public realm.
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Photovoltaic panels and a green roof will be incorporated in order to minimise carbon emissions and reduce fuel consumption, alongside a combined heat and power (CHP) unit designed to recycle heat and energy within the development.
The building is scheduled to completed in summer 2018.
David Kennedy, Managing Director of London Region for Balfour Beatty said: "Vauxhall Square is an important part of London's development by incorporating the local student population into the local community and we're pleased to be a part of the wider project."
(CD/MH)
