Middlesbrough Council has approved plans for a £4.5M swing bridge across the River Tees.
The new road bridge will provide access to the Middlehaven Dock regeneration site and encourage further development on the 100ha site.
It will replace a footbridge that was installed following removal of a previous swing bridge.
Construction is expected to start in spring 2015 and will take a year to complete.
The bridge and associated improvements will connect Greater Middlehaven and Riverside Park with an east-west spine road running parallel to the A66 and linking directly to it at either end.
The council said the development will also create further opportunities for the regeneration of the dock as a marina and centre for water sports and general recreational and leisure use.