The deal follows recent planning approval secured by Muse for the redevelopment of Mell Square, which will be rebranded as Holbeche Place.
Phase one will deliver a residential-led scheme comprising 346 build-to-rent homes across four buildings of varying heights, alongside ground-floor commercial units and amenity space.
The development will be delivered on a constrained site, requiring demolition of the existing multi-storey car park and careful coordination with surrounding roads, neighbouring properties and live retail areas.
Demolition and enabling works are scheduled to begin in summer 2026, marking the start of a major transformation of the town centre.
Lisa Turley, Development Director at Muse, said: “With planning consent secured for the wider Holbeche Place masterplan and first phase we now want to kick start delivery and continue to build momentum.
“Holbeche Place is an opportunity to elevate and enhance Solihull town centre, with new homes, shops, restaurants, and public spaces. GRAHAM is the right partner to support our ambition as we work with our partners at Solihull Council and across the town centre to bring forward the benefits of redevelopment as soon as possible.”
Ronan Hughes, Regional Director at GRAHAM, added: “This first phase plays a critical role in setting the tone for the wider redevelopment of Holbeche Place . Our focus is on delivering a quality, well-considered scheme that will lay a strong foundation for the future phases of the project.”