The firm will build two new grandstands and refurbish the Pavilion to expand capacity to 15,000, capable of rising to 25,000 with temporary seating.
It deal also includes building a screen showing action replays and new floodlights.
The club’s decision to reorient the wicket, which will now run north-south for the first time in 150 years, will allow additional international and county wickets along with a larger playing area
The deal marks the second win at Old Trafford for Sindall, which secured the first phase of the redevelopment to build a £15m media centre centre known as The Point last year.
In total, the club plans to invest £32m on new pitches, stands, player and media facilities and an extension to the ground’s indoor cricket school and public areas.
The ground construction programme is anticipated to be around 12 months in duration with a 12 months defects liability period.
Supermarket chain Tesco is part financing the £50 redevelopment project with a new store on land adjacent to the ground in partnership with Ask Developments.