The club has been included in a list of 17 possible venues in England and Wales to host matches for the 2015 Rugby World Cup.
England Rugby, who are organising the game's most prestigious tournament, will now enter into detailed discussions with the nominated venues and their respective local authorities, with a final decision likely to be announced after the draw for the tournament's group stages takes place on 3rd December.
Albion executive director Martin Perry told seagulls.co.uk, "This is fantastic news, and further evidence that the stadium is a world class venue, attracting interest on an international scale.
"It is a terrific opportunity for our wonderful stadium and the city of Brighton & Hove. If we are fortunate to be selected, it would bring thousands of visitors to Sussex, while the television coverage would mean the eyes of the world would be upon us."
Catherine Vaughan, acting chief executive at Brighton & Hove City Council added, "This is fantastic news. Brighton & Hove already has a strong history of accommodating major sporting events such as the Brighton Marathon.
"Hosting the Rugby World Cup would provide a massive boost for the city. People would come and experience the Rugby World Cup matches at Brighton & Hove Albion Football Club's state of the art stadium and all of Brighton's cultural offering, from restaurants, hotels, theatre and the seafront. It could also provide an excellent opportunity to create a legacy for both rugby participation and volunteering in the city."
The Rugby World Cup 2015 will involve 48 matches over a six week period from 18th September to 31 October 2015, with matches to be scheduled to take place during international breaks in the Football League calendar. Organisers are expecting 400,000 supporters to visit the UK from over 100 different countries.
The full list of venues to be considered is as follows:
1. Villa Park, Birmingham
2. Brighton Community Stadium, Brighton
3. Ashton Gate, Bristol
4. Millennium Stadium, Cardiff
5. Coventry Stadium, Coventry
6. Pride Park, Derby
7. Kingsholm, Gloucester
8. Elland Road, Leeds
9. Leicester City Stadium, Leicester
10. Olympic Stadium, London
11. Twickenham Stadium, London
12. Wembley Stadium, London
13. Old Trafford, Manchester
14. Stadiummk, Milton Keynes
15. St James' Park, Newcastle
16. St Mary's Stadium, Southampton
17. Stadium of Light, Sunderland