The new promenade, along with Princes Way, will open to the public on Monday.
A two and a half year construction programme has seen a brand new 1km seawall replace the old crumbling structure, while a newly elevated road and better access to the nearby park have also been installed.
The new £27m sea defence will provide better flood protection to thousands of nearby properties during the winter weather, in an area which has been prone to flooding as recently as 2013.
The previous flood defences, which were originally constructed back in the 1930s, were secured and built over, with approximately 2,500 pre-cast concrete revetment slabs, wave breaker units and wave walls, as well as in the region of 3,000 tonnes of steel, which provide the primary flood protection from Little Bispham to Anchorsholme.
In addition, precast wall and step units provide the rear defences to achieve the required level of flood protection for the surrounding community.
Memorial plaques from the old seawall have been returned to the new promenade, while pay and display parking has been introduced to the road to stop concerns from residents about overnight parking by motorhomes on Princes Way.
In total, over 160 workers were employed as part of the construction process, with coastal construction experts joined by dozens of local apprentices from across the Fylde coast.
Princes Way, which used to flood regularly during bad weather and high tides, has also been raised to the same level as Anchorsholme Park, meaning that it is less likely to flood, while providing better access between the Promenade and the park.
The road will re-open on Monday in both directions and is hoped to ease potential congestion when Anchorsholme Lane West closes on the same day to allow construction work to take place at Anchorsholme Park for renovations by United Utilities.
While the vast majority of the flood protection is now in place, some additional work on the Promenade headland at the junction with Anchorsholme Lane West will still need to be completed in the new year. While it is hoped that the road will be able to remain open during this time, temporary traffic lights may be needed.
The scheme, which was funded predominantly by the Environment Agency and Department for Food, Environment and Rural Affairs, was provided to the Fylde Peninsula Coastal Partnership as part of a £91m package to repair both sea defences at both Anchorsholme and Rossall.
Through working together, the partnership, which is made up of Blackpool Council, Wyre Borough Council, Environment Agency and contractors Balfour Beatty, was able to save around £18m from the initial cost of the two projects.
Cllr Fred Jackson, Blackpool Council’s Cabinet Member for Municipal Assets, said: “I’m delighted that we’re now at a stage where we can reopen the Promenade and Princes Way.
“Dealing with the strong winds and heavy tides on the seafront makes all coastal defence works difficult and this has been no exception. However the end result will be a fantastic new promenade and better flood protection which will benefit everybody.
“Over £100m worth of investment is taking place in Anchorsholme at the moment with the sea defence scheme and United Utilities reconstruction of the park. I am extremely grateful to the neighbours and the local community for being so patient while the construction work continues and can guarantee them that the end result will be worth the disruption.”
Simon Barker, Project Director for Balfour Beatty, the main contractor for the sea defences, said: “”With the project nearing completion the local community will not only have much greater protection from the risk of flooding but also a fantastic new promenade that can be enjoyed by all.”
Andy Shore, North West Coastal Engineer at the Environment Agency, said: “The Anchorsholme Coast Protection scheme has been a great success and a fantastic example of how key organisations can work together to deliver flood risk protection benefits for the community.
“The new defences will provide protection to around 4800 properties and associated infrastructure together with a new Promenade.”
