The 220-bed facility will be built for Balliol College in the area between the Master's Field, Jowett Walk and St Cross Road, adjacent to Balliol's sports ground. Completion is scheduled for summer 2020.
Designed by Niall McLaughlin Architects, a total of nine new buildings will provide accommodation to students. The first phase of work will begin on the south of the site to provide the accommodation for undergraduates and the new pavilion.
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Master of Balliol, Professor Sir Drummond Bone, said: "The project as a whole will transform our accommodation offering to both undergraduates and postgraduates."
Anthony Nagle, BAM's Construction Director, added: "is a marvellous city for architecture and individuality. It's a complex place to build with numerous professional technical challenges for engineers and contractors. The Master's Field scheme is typically ambitious, striking and visionary.
"As BAM's track record here demonstrates, we do not shrink from the most complicated schemes. And our embedded collaborative culture is what helps us to deliver even the most ambitious and challenging designs. We're looking forward to our partnership at historic Balliol College."
(LM)
