The plans, designed by Stirling Prize winning architect Herzog & de Meuron would deliver an increase in capacity from 41,600 to 60,000 spectators.
It should also allow much improved pedestrian access to Fulham Broadway Station and Fulham Road, and new vehicular access via Wansdown Place, allowing spectators to arrive and depart more efficiently and with less impact on the surrounding area.
Construction of the new stadium would involve both excavation works and the building of new external concourse areas and decking platforms over part of the District Line and part of the Southern mainline railway.
Hammersmith & Fulham Council is holding a consultation on the plans until January 18, 2016, and is then not expected to determine the application until summer 2016 at the earliest.
During the construction phase, Chelsea would have to play away from Stamford bridge for up to three seasons. The club hope to move to Wembley during this time, although Twickenham is also an option.