Using robotic printers "that can 'draw' steel structures in 3D, we will print a (pedestrian) bridge over water in the centre of Amsterdam," engineering startup company MX3D said in a statement, hoping to kick off the project by September.
The plan involves robotic arm printers 'walking' across the canal as it slides along the bridge's edges, essentially printing its own support structure out of thin air as it moves along.
Specially-designed robotic arms heat the metal to a searing 1,500 degrees Celsius (around 2,700 degrees Fahrenheit) to painstakingly weld the structure drop-by-drop, using a computer programme to plot the sophisticated design.
"We now use our own intelligent software to operate these machines so they can print very complex metal shapes which can differ each time," Laarman said of the project also involving the Heijmans construction company and Autodesk software.
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So far, the robotic arm has been used to print smaller metal structures, but the bridge will be the first ever large-scale deployment of the technology, MX3D spokeswoman Eva James told AFP.
It is hoped that the bridge will be a first step towards seeing the technique used on construction sites, especially those involving dangerous tasks such as on high buildings, she said.
The designers are now in talks with the Amsterdam city council to find a site for the project which they hope will be completed by mid-2017.
"I strongly believe in the future of digital manufacturing and local production," said Laarman. "It's a new form of craftsmanship."
"This bridge can show how 3D printing has finally entered the world of large-scale functional objects and sustainable materials," he said.
Amsterdam city council spokeswoman Charlene Verweij told AFP the Dutch capital was supporting the project.