"The design of the proposed flood risk management scheme is, on balance, considered to be acceptable, with regard to the impact upon the conservation area and the setting of adjacent listed buildings, " the council said.
"It would either make them think twice about building on flood plain land or it would make them change the design basis upon which they're built, " he told BBC Radio 4's Money Box.
Mr Bathmaker said the new design was much simpler, with half the number of foundations, which reduced the flood risk, and a swing section for river traffic.