Luton Town FC has been given the green light by planners to build a new stadium at Power Court in the Bedfordshire town.
The initial capacity of the stadium, designed by AndArchitects, will be 17,500, rising to 23,000 as the club grows.
The stadium site will also feature new public spaces and facilities, including a 1,800-capacity live events venue, bars, restaurants, a hotel and 550 apartments.
The development is expected to be paid for by a separate development at Newlands Park, near junction 10 of the M1.
The club revealed Power Court as the preferred location for its new stadium in December 2015 when artists’ impressions of the stadium were first revealed to the public.
In August 2016, 2020 Developments submitted the applications for Power Court and Newlands Park to the council which were validated shortly afterwards.
During the period of public consultation, close to 11,000 letters were submitted to the Council in support of the developments, with residents, members of parliament and public figures all adding their voices in favour.
The club said the momentous decision ends almost 70 years of waiting to relocate from its current Kenilworth Road ground.
Chief executive Gary Sweet said:
It would instantly elevate our footballing ambition to another level. If Leicester City in a new surrounding can win the Premier League, then so can we, it will increase our support base and make sure Luton Town are permanently financially viable going forward.
The gravity and importance of this decision should not be under-estimated. For Luton Town Football Club, and its loyal supporters – the security of a new home at Power Court means that we can look to the future with great optimism.
It means that the Club will be able to compete at a higher level, and to progress towards our ambitions for more success on the football pitch. But also, and perhaps even more importantly, that we can continue to provide a place for the people of Luton to gather with friends and family as a community, as we have since the Club began in 1885 – almost 135 years ago.
The iconic new stadium will also provide many fantastic opportunities to Luton and its townspeople. Thousands of new jobs will be created, along with new public spaces and facilities that Luton has been lacking for many years.
Above all it will bring much-needed regeneration to Luton town centre – revitalising Power Court, an area that has been largely unused for well over a decade.