The regeneration programme will transform the Brunswick area of East Manchester through a mix of new-build and refurbishment.
It will provide 522 new homes as well as new community facilities, including an extra care centre and retail units.
Repair and maintenance contractor Mears will refurbish a further 653 homes and provide facilities management services under the project.
S4B has been working with client Manchester City Council on the scheme for the past year.
Galliford Try chief executive Greg Fitzgerald said: "We are delighted to have been part of the winning bid for such a significant project for the city of Manchester. This award is a further demonstration of our strength in regeneration, and our ability to successfully partner with local councils across the country to deliver the housing and facilities that communities need."
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