The £42 million scheme involves the construction of a new hotel on the site, along with the redevelopment of the stand at the stadium ahead of the test match against Australia, set to take place in two summers.
The works, designed by Liverpool-based architectural firm KKA, are expected to begin in September this year. It includes the building of a 146-room Radisson Red hotel, with the existing Priory and Raglan stands being replaced by a new stand with 3,191 seats, alongside a new waiting area.
Other participants in the project include PM and QS Arcadis, structural engineer Robert Bird, and project executive Quadro Management. The planning consultant is Terli, and the urban infrastructure engineer is Griffith Evans.
The hotel is expected to welcome 60,000 guests annually, and Craig Flindall, Director of Strategy at Edgbaston, said: "Cricket will always remain at the heart of our thinking. But it’s important that we develop a stadium that operates year-round.
"We’re creating a multifunctional space that will bring together elite sport, conferences, and events, as well as residential and hotel spaces, with public amenities that will drive education, employment, and social cohesion across the region."
The West Midlands Combined Authority supports the project with an £18 million loan.
Marylebone Cricket Club (MCC) has started work on the redevelopment of the revised stand at Lord’s in London after failing to reach an agreement on the cost of works with the original contractor, Graham.
The Northern Irish firm was tasked with redesigning the tavern, as well as demolishing and rebuilding the Allen Stand, which is estimated to cost around £60 million.
But now the firm is no longer working after MCC stated that they could not agree on the price for works that would increase the stadium's capacity by over 1,000 people.
Instead, MCC has decided to focus on the redevelopment of the Allen Stand as a priority due to its poor condition. This will be done as a single-phase job with a fixed price.
The company said it hopes to begin work on the Allen Stand this autumn and finish by spring 2027 – ahead of the Ashes match against Australia.