The library will be moving from former shop premises on The Broadway, Bushbury, to Broadway Gardens, around 100 metres away, later this year.
The move will create a new self-service library, enabling customers to take out, return and renew their books at the touch of a button.
The relocation to Broadway Gardens is part of a wider review of library provision in the city which aims to safeguard the service at a time of major budget cuts. This has included reducing management and staffing costs across the service and creating a series of community hubs around the city which will offer library, community and youth services from the same location.
Councillor Elias Mattu, Wolverhampton City Council's Cabinet Member for Leisure and Communities, said: "The financial challenges that the city council is facing - like other local authorities around the country - have been widely documented.
"As a result we've taken steps to reduce the cost of our services, including our library service, and as a result of this I'm pleased to say that - unlike many other parts of the country - we have been able to retain all of our libraries.
"By relocating Collingwood Library, we're able to make the required savings by reducing staffing costs and ending the lease for the existing premises.
"I'm extremely pleased with the way that the community and the management team at Broadway Gardens have worked together to develop these proposals and I would like to thank them for their support."
The arrival of Collingwood Library to Broadway Gardens in September will add to the range of facilities available at Broadway Gardens, the ExtraCare retirement scheme which has 56 one and two bedroom apartments for older people. It already offers day services for local older people, and residents and social club members benefit from a wide range of activities including an on-site gym, restaurant and IT suite.
Broadway Gardens' Manager Jenny Jackson said: "We are delighted to welcome Collingwood Library to Broadway Gardens.
"This is another great way to welcome local people into our community - we already offer day opportunities for local people aged 55 and over, and we're always eager to welcome more people to our scheme."
People can find out more about the library's relocation at the drop in session which takes place this Saturday (27 July, 2013) from 10am to 12pm. Councillor Mattu said: "We're confident that our customers will enjoy their new surroundings and I'd urge existing and potential library users to come along and find out more about the new service at the special event this weekend."
After its relocation, Collingwood Library will initially continue to operate its present opening times of 10am to 1pm on Tuesdays, 2pm to 5pm on Wednesdays and Fridays and 10am to 4pm on Saturdays. It is hoped that opening hours may be extended in future to take advantage of the self-service facilities.
Anyone who can't attend Saturday's event but would like to know more about the relocation of Collingwood Library, can call Paddy Quick, Community Services Manager, on 01902 556273.
- released: Tuesday 23 July, 2013