The link sits between Pinfold Street and the High Street, connecting WV Active Bilston-Bert Williams Leisure Centre and the wider Urban Village development to Bilston town centre.
The application comes following consultation with the local community and groups during the autumn on the designs for the re-imagined open space.
The scheme forms part of the transformative Bilston Health & Regeneration Programme (HaRP), supported by funding secured from UK Government.
Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “The Bilston High Street Link improvements are part of our wider works to deliver the best for the town.
“We not only want to enhance this public space to create a better environment – but also make it a thriving space for activities, particularly for the young people of Bilston.
“I would like to thank everyone who provided feedback to help us produce the plans for the area.
“It is important for our traditional local centres to flourish, and this scheme builds substantially on the steady pipeline of investment that is delivering for Bilston.”
Bilston High Street Link is temporarily occupied by market traders during market hours, while Bilston outdoor market undergoes major redevelopment.
Once the traders have returned to the new-look outdoor market this summer, the High Street Link scheme, subject to planning approval, will progress.
