The new name will come in with immediate effect after financial investment by Leeds Metropolitan University.
Yesterday's announcement follows the purchase of the freehold of the cricket stadium and business by Yorkshire Country Cricket Club from Leeds CF&A Co Ltd, the owners since 1890.
The plans include a new north/south stand to replace the existing structure, and a new pavilion and media centre for cricket at the stadium.
The new stand at the eastern end of the rugby stadium has been built in conjunction with Leeds Metropolitan University and will be named the Carnegie Stand.
Robin Smith, chairman of Yorkshire CCC, said: “The Headingley vision, once realised, will mean that Headingley will have become one of the finest sports complexes in the country, providing cricket, rugby and educational facilities to world-class standards.”
The deal to purchase Headingley by Yorkshire CCC ensures Test and international cricket at the venue, with a 15-year international staging agreement with the England and Wales Cricket Board now in place.
