A university technical college for 600 students specialising in engineering, logistics and construction courses is being planned for north Liverpool.
An agreement for the development on the site of the former Anfield Comprehensive School has been reached between the Department for Education, Liverpool City Council and the UTC's trustees.
A planning application will be submitted following a consultation with local residents. Subject to approval, the UTC would open in September 2015.
The college will be called UTC Liverpool Engineering and Logistics and will teach 14 to 18-year-olds a range of specialist skills alongside the mainstream curriculum.
UTC trustees include the City of Liverpool College, Liverpool John Moores University and Laing O'Rourke. Partners in the enterprise are Peel Ports and engineering consultancy Arup. Kier Construction would build the new facility.
Liverpool Mayor Cllr Joe Anderson said the development would provide a major boost to the economy of north Liverpool. He said: "This is fantastic news for the city and for the Anfield area. It will be an asset not just for the north Liverpool community but for the whole city region.
"Teenagers attending the UTC will be equipped with technical skills which will give them a head start in their careers. The UTC will also play a key role in delivering the kinds of skills which will help Liverpool position itself as a centre of excellence in engineering and logistics."