I think a tank that size would be around 540 gallons. If you want a turn over through the sump of around 3-4 times your looking at 1620-2160 gallons per hour. So you need a pump that will pump that much water at the head height of your return in the tank. Of course if you want more turn over through the sump you'll need a bigger pump. If the water goes through the sump too fast though it will be less effective on removing NH4 and NO2 from the water.
I would drill the tank if you are able. You cant if its tempered glass. Make sure younlook into what size pipe you should use to get the flow you need.
The design of the sump is ok. It looks like your trying to do a wet/dry setup. Just remember that all of the evaporation loss from the whole system will result in a lower water level in your return chamber. So you either have to keep filling it everyday so the pump does not run dry, get an auto top off system, or make that section bigger so you dont have to fill it as often. I have a 75g tank that i have to top off with at least three gallons every couple of days. My return section is 15"x11.75"x8" and holds about 6 gallons.
The only other thing i would add is that in your picture there is not much room between the top of the sump and the bottom of the stand. You'll need to get your hands inside that sump more than you'll want to for one reason or another so make sure you have enough clearance to fit yor arm in there and add or remove any media and equipment.