Main contractor Vinci Construction UK will create a new 16,000m2 academic building with 350 rooms and a new sports centre.
The Derby Fields development will also include five new rugby pitches, one rounders field, two AstroTurf hockey pitches and six netball courts.
Pick Everard is providing full design and engineering services for the development.
Duncan Green, managing partner at Pick Everard, said: "We are delighted to be working on such a major project for both the King's School and Macclesfield as a town. We've been working with the school consolidating its estate onto a single site with brand new buildings so we're pleased that work has now begun to realise this vision."
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Natalie Clemson, associate director added: "As well as including fantastic educational and sporting facilities, the new building will be highly energy efficient and sustainable with a BREEAM rating of 'very good'. It will also score highly on environmental management, responsible construction, resource efficiency, low energy and water use with a reduced carbon footprint, as well as efficient heating and lighting systems and controls, among other sustainable features."
The project is scheduled for completion in May 2020.
The school's existing two sites in Fence Avenue and Cumberland Street have also been sold to provide new sustainable and affordable homes in the area.
John Kennerley, chair of governors at King's School commented: "We are delighted to be able to launch our 2020 vision for King's. It will deliver not just a fantastic campus for our pupils, but enable us to develop further community use of the school beyond the 27 organisations that already share our facilities."
John Roberts, regional director at Vinci Construction UK, added: "We are proud to be delivering the new campus, which will provide the very best educational facilities available for the school, its pupils and for the wider community."
(CM/MH)
