The bridge is part of the 6.6 kilometre He Ara Kotahi shared pathway project which links the City of Palmerston North, Massey University and the Linton Military Camp.
"We've identified three potential locations for the bridge between the Palmerston North Holiday Park on Dittmer Drive and Maxwell's Line," project steering group chair Ray Swadel says.
One option is near Botanical Road, the second is near Pitama Road and the third option is upstream near Maxwell's Line.
Map showing potential sites for new bridge
"Letters are going out to residents in those areas to make them aware of our preliminary thinking on the bridge options."
He says this aspect of the project is still at a very early stage.
"We've asked our planning consultants, Opus International to prepare businesses cases on the possible locations. We'll then be in a position to consult on those options in more detail."
"Residents can get in touch if they have any queries. We are also holding an open day next month at the Dittmer Reserve, alongside Dittmer Drive."
The open day will be part of an evening of family fun between 4pm and 7.30pm on Friday 11 March celebrating the Manawatū River Leaders' Forum new action plan.
"Come along. We hope to share more details about a possible bridge location, some concept plans for the bridge and information about the number of people who will potentially use it.
"We also plan to be at the Dittmer Reserve between 9am and 1pm the following day (Saturday 12 March) if people are unable to make it on Friday."
Mr Swadel says other strands of the project are progressing well.
Tenders are due to close in a week for building of the first stage of the shared pathway between Fitzherbert Bridge and the Turitea Stream.
He Ara Kotahi or "a pathway that brings people together" is a partnership between the Palmerston North City Council, Massey University, Rangitāne, Horizons Regional Council, the New Zealand Army at Linton Military Camp and the New Zealand Transport Agency.
The $10m project is part of the government's $333m Urban Cycleways Programme. It has received $3m from this source and $3.2m from National Land Transport Fund.