The project, which is expected to cost between £75m - £100m, will boost capacity from 26,000 to more than 34,000 along with developing new facilities for the community and improving the match-day experience for supporters.
Stadium architects KSS are leading the project's design. Along with increased capacity, key features include;
• A bigger pitch, increased from 101.5m x 68, to 105m x68m, making Selhurst Park compliant with UEFA regulations and eligible to host tournament football
• New hospitality and entertainment facilities for more than 2,500 supporters, including a new Tunnel Club, and between 16-28 boxes.
• A new museum, documenting the club's history
• New community facilities, supplementing the work of the Palace for Life Foundation
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• Improved sightlines in the Arthur Wait Stand with the removal of the TV gantry, and improved Arthur Wait concourse
• Redevelopment of the upper Whitehorse Lane Boxes into mixed bar/box use
At the centrepiece will be a new five-storey stand featuring an all-glass front, along with a central vaulted arch featuring the Club's Eagle crest. In addition, the roof of the new stand will be designed to funnel sound down to the pitch and the Arthur Wait Stand opposite.
Crystal Palace chairman Steve Parish said: "We need a stadium that reflects who we are, how far we have come and where we want to go - a stadium that South London can be proud of, a home worthy of our incredible support and unique atmosphere and this great Premier League we represent.
"We have worked long and hard and looked at several options over the years, including returning to the original site of Crystal Palace, which wasn't viable. While we can't go back to it, we can build a new one and today I am proud, in conjunction with our partners KSS, to introduce a new Selhurst Park with a new Crystal Palace for a new era.
"We are creating a new home worthy of our Club, our supporters and our community, and a celebration of our 112 years in South London."
Nick Marshall, director of architects KSS, said: "Our brief was to create an impressive sense of arrival and an experience the fans can be proud of, retaining the special atmosphere at one of the best grounds in the country."
Plans for the scheme will be submitted to Croydon Council in January and, subject to planning permission being granted, work would begin in the next 12 months, with the project taking up to three years to complete.
(LM/MH)
