Plans for a 25 ft statue of one of Tolkien's Ents to be sited in the centre of Moseley have divided the Birmingham district.
Residents groups and local businesses have backed the proposals for the "iconic" structure which they believe would attract people to the neighbourhood and put Moseley on the international map.
However, heritage campaigners have objected to the size of the statute which they claim would be "over the top" for its earmarked location at the village green.
Local residents behind the plans are consulting with the community to gauge public opinion.
A planning application has not been drawn up for the proposals, which have been designed by Tim Tolkien, great nephew of JRR Tolkien, author of The Lord of the Rings trilogy.
The £30,000 that the statue would be expected to cost would be raised through an internet sale of metalic leaves at the feet of the Ent. Tolkien fans would pay to have their names engraved on the leaves.
David Guest, chairman of the Moseley Forum, is spearheading the plans for a statue to celebrate the writer's links with the local community.
He said: "The traders are very enthusiastic because they believe the statue would bring people into Moseley and be an economic benefit tot he area.
"We believe this statue would be internationally known and would also entice visitors to other local attractions associated with Tolkien, such as Sarehole Mill and Moseley Bog.
"We are hoping the statue would be built by next year. Some people are against the plans, but then the Eiffel Tower faced opposition and what would Paris be now without it."
Tim Tolkien will be speaking at the annual general meeting of local heritage group The Moseley Society tonight.
Fiona Adams, chairwoman of the group, said: "We are not opposed to public art on the green but we think it has to be in proportion to the setting. What is being proposed it really over the top.
"We would rather have something on a more human scale, not on the scale of a tree."
Coun Martin Mullaney (Lib Dem Moseley and Kings Heath) said: "I think it is a brilliant idea and is in keeping with the area."