A Solihull Council spokesperson said:
We understand TK Maxx has decided to end the lease on its Mell Square store, following a temporary closure for maintenance.
While this decision will be disappointing to many Solihull shoppers, TK Maxx, along with its sister store Homesense, will continue trading from their larger Shirley store at Sears retail park.
With a bold new town centre masterplan in place, Solihull presents a range of commercial and residential development opportunities underpinned by the significant investments in public realm and transport infrastructure that the Council has planned. Our masterplan provides a framework for future growth and development into the next decade and builds on Solihull’s proven track record of attracting high quality occupiers and investment.
There are significant development opportunities identified at Mell Square to enhance and re-energise the current retail offer by bringing in new complementary uses such as residential and a more varied leisure offer. We have been progressing these plans and in October announced the appointment of Muse Places Ltd, as our preferred development partner help us realise this exciting vision.
Solihull Council is taking a hands-on approach to ensure we are not just responsive to these changes but can get ahead of the curve and capitalise on the opportunities this presents. The plan has always been to bring this scheme forward in stages to align with when sites become available, as in this instance.
In the meantime, our property agents will continue to explore options for alternative temporary uses for the premises ahead of redevelopment which is likely to commence in late 2025.
Solihull town centre continues to be a thriving place to live, work, visit and shop, consistently outperforming other local centres across the country both in terms of retail economy and in attracting investment. As the role of our town centres and high streets continues to evolve, we are determined to support this transition and play an active role in shaping the future of Solihull town centre.