The firm has been selected after the University went back to the drawing board to re-think the project after a year-long bid race saw tender prices come in way over budget for the 3,000-place Fallowfield student village at Owens Park.
The scheme ranks as one of the University’s largest planned projects in its 10-year building programme and is to be built in three phases over several years.
Carillion will now design and build phase one which is expected to cost around £75m.
This consists of 1,122 bedrooms arranged in eight accommodation blocks together with an energy centre, student amenity hub and associated landscaping provision.
The four storey cluster blocks will typically comprise 10 bedrooms and a kitchen area on each floor.
Carillion will develop final design and construction proposals, ahead of signing a contract and a planned construction start in August, with completion scheduled for Summer 2019.