Public consultation on the Lower River Terrace bridge at the bottom of the Kangaroo Point Cliffs closed last week with sentiment received being overwhelmingly positive.
A business case will now be developed, with the state government has committed $1.6 million towards planning the bridge.
Apart from looking cool as it juts out over the water, the bridge will connect the Kangaroo Point Bikeway to the existing Veloway 1 at Captain Cook Bridge, which South Brisbane MP Jackie Trad says will improve cyclist safety.
"Every day, 1500 cyclists fly down this steep, narrow path to get to the city," she said.
"The [current] bikeway shoots straight into a busy road – putting riders, pedestrians and drivers in danger."
The public consultation received about 500 pieces of feedback from locals, with Transport and Main Roads spokeswoman stating:
"The general sentiment received was positive, with about 68 per cent supporting the proposed artist’s impression of the velobridge," a Transport and Main Roads spokeswoman said.
"Results showed about 78 per cent of participants commonly travel along Lower River Terrace in the morning or afternoon peak travel times or as part of their daily commute.
"Feedback highlighted a lot of public interest, supporting safer and efficient movements for daily bike rider commuter traffic as well as casual bike riders."
"We understand the importance of getting such an iconic piece of bike-riding infrastructure right, and a thorough analysis of the feedback will be completed over coming months.
"Future project stages are subject to funding and will be determined on a state-wide priority basis."
The business case for the bridge is expected to be completed by early next year.
The proposed bridge would be the cherry on top of Veloway 1 project in Brisbane, which when complete will be a 17-kilometre cycleway that runs next to the Pacific Motorway between Eight Mile Plains and Lower River Terrace at South Brisbane.
Stages A, B, C and D are complete and open for use, with the $45 million stage E expected to wrap up later this year.