Plans to redevelop the south-west side of the world-famous ground will see an increase in 1,082 seats, taking capacity up to 30,530.

The project will see the Tavern and Allen stand demolished to make way for a new three-tier stand of 5,200 seats.

As part of the phase two plan, the Thomas Lord Building will be redeveloped and extensive internal improvements carried out to the Pavilion, allowing more room for cricket teams and staff.

The Tavern pub will also be rebuilt inside the ground to create a more welcoming refreshment centre.

The improvements are designed to deliver an improved spectator view of the cricket and accessibility, keeping Lord’s at the forefront of hosting major international matches and tournaments.

Westminster council gave outline planning permission for the ground improvements last month and now the Mayor has given the seal of approval for what is the second phase of development at the home of cricket.

But the earliest that work will begin on the project will be autumn 2019, due to the need for Lord’s to be free of building works that summer for the ICC Cricket World Cup.

Derek Brewer, MCC Chief Executive, said: “A five-year consent was submitted because the Club awaits the England and Wales Cricket Board’s decision – expected in 2017 – on the programme of international matches for 2019-2022.

“Today’s announcement means the Club can conclude the legal procedures associated with the planning consent and look forward to making progress on these ambitious plans from Autumn 2019 onwards.”

BAM began demolition work on phase one, the redevelopment of the Warner Stand, in September this year.

BAM is due to complete the new stand (above) in time for the 2017 season. However the stand will be in use during the 2016 season, to allow Lord’s to operate at full seating capacity during major matches.