A £23m deal has been signed to build a new academy in south Bristol.
The new Merchants' Academy is due to open in September 2008
Developer Cowlin Construction has been given the contract to build the new Merchants' Academy, which will replace Withywood Community School.
The cost is being met by the government and the Society of Merchant Venturers, with academic sponsorship from the University of Bristol.
The academy is due to open in September 2008 and will cater for 910 pupils aged 11 to 16 and 250 sixth formers.
Denis Burn, Chairman of the Academy Trust, said: "Getting the project to this stage has been hard work for the Merchant Venturers and its partners in Withywood - the city council and the University of Bristol.
"But now we are within sight of delivering an academy that will give the young people of Withywood truly outstanding educational opportunities and will have a transforming effect on the area."
The academy will specialise in enterprise and skills and will offer the International Baccalaureate in preference to A-levels for 16 to 19 year olds.