Proposals to extend a canal through the centre of Swindon are being supported by the borough council.
A waterway currently ends on the edge of the town, but used to run right into the centre about 100 years ago.
The £52m restoration project was proposed by the Wiltshire and Berkshire Canal Trust.
On Wednesday night, Swindon cabinet members gave approval for a panel to further investigate the scheme.
A feasibility study by civil engineering firm Halcrow last autumn said a number of roads would need to be ripped up and gas, water, phone and electricity supplies re-routed.