Cheltenham chairman Paul Baker has revealed his plans to develop the Robins' Whaddon Road home.
Earlier this week, the club decided against relocating to the town's racecourse for financial reasons.
Instead, they are now looking develop the stadium's main stand which would increase the capacity to 8,000.
"If we redeveloped that old stand and got the capacity up by another 1,000 then that would suit us," Baker told BBC Gloucestershire.
"A lot will depend on our progress over the next couple of years. If we get promoted we'll be looking to get bigger crowds and raise our game.
"I would love to complete the jigsaw at Whaddon Road. We'd keep a stadium which still had its tradition, history and character."
The League Two club had been in discussions with the racecourse's owners over the possibility of sharing a new double-sided grandstand at Prestbury Park, located two miles from their current home, but the Robins have now shelved those plans.
"The racecourse have got some very exciting plans for improving the facilities up there, which they are going to crack on with," added Baker.
"The football club made a call and we made the call based on the financial information we now have.
"We're not disappointed by it, because we like and enjoy where we are now. It's a good atmosphere, the fans are happy there and we've put a lot of money into it in recent years."