The Oaks is situated in the Westwood Business Park next to the University of Warwick Campus.
Main construction works are due to start at the end of October with a completion date of May 2020 ready for that year’s student intake.
The scheme will deliver 378 contemporary student accommodation units over four, five and six storeys.
There will be choices of individual studio apartments and shared ‘cluster’ units with communal kitchens and lounges.
Other facilities include a communal games room and lounge, an interactive training room as well as a landscaped external communal courtyard and an external floor fifth floor paved terrace area accessed via a private dining room.
The building will utilise a lightweight steel frame and be traditionally brick-clad with bespoke brick colour mixes, which will blend and gradually lighten in appearance over the building’s height.
The ground floor communal games room and lounge will be fully glazed with storey height curtain walling.
Gary Cramp, Regional Director at McLaren Construction Midlands & North said: “Following the success of joint McLaren Property and Construction projects of this type within the South and London regions, we are delighted that our Midlands and North business has the opportunity of further developing our portfolio within this sector in the Midlands region.
“We look forward to working with our Property colleagues and ensuring a successful delivery of this prestigious scheme.’’
Bruce Ruddle, Development Director at McLaren Property added: “We are delighted to be working with McLaren Construction on delivering one of the only private purpose-built student accommodation schemes serving the University of Warwick.
“The experience and expertise of McLaren Construction speaks for itself and were the natural delivery partner for us. We look forward to working with the Midlands and North team.’’