Chelsea Football Club has submitted planning application to the London Borough of Hammersmith and Fulham for the new stadium development at Stamford Bridge, UK.
The application proposes demolition of the existing 41,600-seat stadium and other buildings at the site in Fulham.
Chelsea FC said: "This follows a successful consultation process, during which we received very helpful feedback."
Plans for the stadium redevelopment had been disclosed in July, which will now await approval from the borough.
Besides expansion of the stadium capacity to seat 60,000 spectators, the construction is expected to offer 'an outstanding view of the stadium from every seat.'
Chelsea FC has also planned to include other ancillary stadium-related features for the development, including a club shop and museum, along with a separate restaurant / cafe use.
The revamped stadium will also support efficient transportation by enabling direct access to and from Fulham Broadway Station.
Chelsea owner Roman Abramovich, who had purchased the club in 2003, will be financing the project, which has an estimated worth of £500m.
In addition to excavation works for the new stadium, the project will involve construction of new external concourse areas including development of decking platforms over part of the District Line and part of the Southern mainline railway, reports the BBC.
The planning process is likely to last beyond the season for the stadium construction, which once approved, will require the football club to relocate to a temporary ground for around three seasons.
Image: The expanded Chelsea FC stadium is expected to cost around £500m. Photo: courtesy of Chelsea FC.