Northstone (NI) Ltd Material Division has been selected to carry out over £2m of regeneration work in Warrenpoint, Co Down.
The £2.1m works include upgrading Church Street, the Town Square, Charlotte Street, Newry Road and Dock Street.
Also included is: upgrading of footpaths; increased and improved lighting provision; under-grounding of overhead services and additional street furniture and foliage throughout the town.
Social Development Minister Mervyn Storey said: "This much anticipated and major investment in Warrenpoint will result in significant improvements to the heart of the town centre and help to make the town more attractive to its residents, traders, visitors and investors.
"I have seen how public realm schemes in other towns have created a more attractive environment and how these have helped improve the vitality of the area. I know that those who live, work and represent Warrenpoint and indeed South Down are giving their full support to the scheme."
The scheme is expected to complete in November 2016.
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