Since May 2020, the Alexander Stadium has undergone a significant transformation which has seen the construction of a new stand containing offices, conference and learning spaces, provision of two athletics tracks and a throwing field, and associated landscape enhancements.

Funding for the stadium redevelopment comes from a number of sources: HM Government, Birmingham City Council, the Greater Birmingham and Solihull Local Enterprise Partnership and the West Midlands Combined Authority. At Games time the stadium will house around 31,500 spectators at each session. Post-Games it will revert to a permanent capacity of around 17,500, the largest permanent facility capable of hosting major athletics in the UK. The development of the stadium will support elite sporting opportunities and will further community access all year round. After its initial use as a key Games venue the Stadium will become a focal point of health, wellbeing, sport, academic and community activity in an improved Perry Park.