Proposed improvements to the A45 road between Daventry and Northampton, which would effectively provide a bypass for the villages of Flore, Upper Heyford and Weedon will be discussed by Cabinet next week.
As well as reducing traffic flow in the villages the road is crucial for development in the Daventry area.
A full public consultation was recently held by Northamptonshire County Council to determine which one of four routes would be preferred.
The bulk of the support was for Northern route, Option A, which would cost an estimated £40m to £45m and form a 5.9km single carriageway west of the M1, junction 16.
With a design speed of 120kph (70mph), this route would be suitable for converting to a dual-carriageway in the future.
Cabinet is asked to approve the route and also endorse using an innovative way of funding the scheme, which would see local authorities, developers and contractors working together.
Cllr Andre Gonzalez De Savage, county council cabinet member for infrastructure and public protection, said: “The A45 improvement link is a key priority for the county council and has been for a number of years.
“However there has been a lack of funding available to bring such a project forward and that is why we’re using our new innovative way of funding to get the scheme off the ground.
“We held a consultation to gauge which would be the most popular route and used this information to inform our decision on which option to take forward.
“This is an exciting initiative which will greatly help economic development in the county by improving infrastructure and bring improvements at a local level by alleviating traffic pressures in a number of villages.”
More than 300 people attended three consultation events over the summer, with a total of 1,008 responses received.
The feedback showed that 84 per cent of respondents said they preferred a northern bypass route, with 69 per cent preferring the option being considered by cabinet.
Other alternatives which were considered were Northern route B, a central route and a southern route.
Ways of forward-funding the project could include seeking investment from private developers or third parties as well as from the Government’s Growing Places Fund which was established especially for such initiatives.
Funding could also come from Section 106 developer contributions, the Community Infrastructure Levy and the New Homes Bonus.