Plans can now get underway after the city council agreed to an extended lease of the land.
The proposals include 10,000 seat capacity and improvements to the existing Bridgford stand.
Nottingham Forest have confirmed today that plans to redevelop the City Ground can now get underway.
The key part of this will be what they're describing as "a new world class Main Stand" and improvements to the existing trentside area, Brian Clough and Bridgford stands.
The new Peter Taylor stand will include a museum, a new club shop, hospitality facilities and improved facilities for supporters with disabilities.
The owner Evangelos Marinakis has released this statement,
He says consultation will now begin with supporters and the public before making a formal planning application.
Rushcliffe Borough Council has welcomed the plans as forming part of wider economic regeneration to the area.
Work is due to start at the end of the 2019/20 season.
Fans have reacted positively, but have also been questioning if there will be additional facilities like parking and extra women's toilets.