The contract will see the design and construction of one 24-storey tower and one 23=storey tower, providing 360 residential apartments and one commercial unit.
It is understood that the development will have "particularly strong" environmental features, including blue roofs, which have been developed to manage surface water run-off and storage, and energy sharing agreements to provide district heating. Work will commence on site immediately and is scheduled for completion by the autumn of 2016.
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Carillion have said that they will use this project to create 40 new apprenticeships.
Richard Howson, Carillion Chief Executive, said: "We are delighted to have signed the contract to deliver the Hoola London development. Being chosen for this prestigious project reflects our reputation for reliable delivery, high standards of quality, value for money and sustainability, together with the strength of our long-term customer relationships".
(MH/IT)
