The contract for the second phase of South West Lands adds to the £55m contract for the first phase also awarded to McAleer & Rushe.
In total, 114 of the new units will be available as affordable housing – divided between affordable rent and shared ownership – while the remaining properties will be rental homes managed by Quintain’s BTR operator Tipi.
The scheme is set to include a centralised ‘hub’ building as well as an onsite gym, library, resident’s lounge and concierge service.
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Eamonn Laverty, chief executive at McAleer & Rushe, said: “Marking our largest contract to date, we are delighted to be here today celebrating the signing of the £130m deal for the second phase of South West Lands.
“This is our third contract with Quintain since 2016 and the project cements our partnership with them as a trusted member of [its] main contractors framework.”
The first phase of the scheme is scheduled for completion in Q3 2019.
Angus Dodd, chief executive at Quintain, added: “We are delighted to award this £130m contract to McAleer & Rushe, who are doing an excellent job on the first phase of South West Lands.
“The award of this contract – which will deliver over 550 new homes – marks another important step in the delivery of Wembley Park as we continue its transformation into the UK’s most exciting mixed-use destination.”