Institute boss Pascal Vaudequin is happy with the club's plans

The North-West outfit aim to build a new stand, a clubhouse incorporating new changing rooms and facilities where supporters can take young families.

The ambitious club hope to start work on the redevelopment next year.

"The new stadium proposals are being planned to prepare the club for the next century," said Institute president Charlie Ferguson.

He added: "We are keen to encourage and increase the attendance at games, provide a family atmosphere and a relaxing afternoon watching the game of soccer.

"As part of a three-year plan we are planning to develop, upgrade and replace all temporary buildings within the stadium to bring the ground up to Uefa standard.

"This will provide not only a centre of sport for our senior and reserve teams but for our youth academy and our ladies.

"We are planning to improve access to the grounds and provide additional car parking especially for the disabled.

"There will be a refurbishment of the north stand from 200 seats to 800 seats, a new covered stand for 750 people and 300 seats at the south side will be increased to 600 seats."

Institute manager Pascal Vaudequin believes the revamp can only help the team progress.

"If yo don't have the proper tools to work with you cannot do a good job," said the Frenchman.

"The board of directors are totally aware of that situation and they are doing a good job and trying to develop that."

Irish President Mary McAleese visited the Drumahoe grounds on Monday to hear about the plans and the club's cross community work.