A presentation will take place in the Village Hall on 19 August.
The public drop-in session will be held at the Village Hall between 18:30 and 20:00 (BST).
Members of the highways team will hold a presentation before taking questions.
The proposals involve replacing the mini roundabout with a new signalled junction and could pave the way for a new link road.
A government spokesman said public feedback will be considered ahead of a formal planning process.
Number of post offices to temporarily close for a day
Minister says she can't provide update on NSC floor tiles
Afternoon ferry is next to be cancelled by weather
Difficult to compare Island's Hospice funding with UK, says minister
Mountain Road to close because of gales
New amber warning issued for tonight's storm
Police appeal over theft of building materials
One of capital's oldest buildings may become housing