Also part of the development is the creation of sport-specific accommodation to secure Loughborough's place as a training centre for elite athletes through the provision of specialist accommodation.
The student rooms will have a similar design to existing accommodation on campus, which are mostly clusters of housing blocks with en-suite rooms and shared facilities.
When the contract notice was published in September 2016 the estimated contract value was £35m. However, the two bids received for the project came in at £44m and £46m.