Rangers are pushing ahead with the Elite Training Facility and Community Sports Complex on the Warren Farm site in Southall despite languishing in the Premier League relegation zone.
The club hope to start construction before the end of the summer with the new training ground due to be ready ahead of the 2015/16 season.
QPR CEO Philip Beard said: “This is a landmark day for Queens Park Rangers Football Club.
“There is a lot of hard work ahead of us as we finalise the design details and tendering of the project, but today’s news is a massive step forward and a significant milestone for the club.”
The training centre will provide: grass pitches for the first team and academy, an indoor 3G pitch, an outdoor 3G artificial pitch, extensive gym, sports science and rehabilitation areas, Academy classrooms, a large number of changing rooms, media, catering and grounds maintenance facilities.
Populous is architect for the scheme.