Gloucestershire County Council planned to build a new bridge next to the historic brick river bridge with a continuous towpath underneath.
But that would have involved replacing the river bridge as well, which turned out to be too expensive, adding an extra £150,000 more to the £500,000 project.
The county council’s Highways department has proposed a last-minute design which would result in the towpath being routed up and over the canal via steps and across the road rather than alongside the canal.
Now the Stroud Valleys Canal Company has come up with a more appropriate – and cheaper – solution.
The town council is encouraging the county and district councils to work with the canal company to develop the new alternative.
Neville Nelder, from the canal company, said the alternative is to rebuild the historic brick bridge but straightening its curve and then building a new pedestrian bridge alongside.
“The canal is an important asset to Stroud and the town council is keen to see a development which will enhance the experience of canal towpath users,” said mayor Kevin Cranston.
“We hope the county and district councils will be able to work with the canal company as their option will be more financial viable and maintain the character of the canal.”
“We can understand the need of prudent spending in these difficult times but it is also important to maintain the use of the towpath and ensure the safety of pedestrians.”