Loyalists have called off their protest outside the Holy Cross Catholic primary school in north Belfast.
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A father runs with his daughter after a pipe bomb thrown by loyalists exploded on the Ardoyne Road in early September
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The decision comes after a meeting of residents in Glenbryn, following intervention by First Minister Mr David Trimble and his deputy Mr Mark Durkan of the SDLP.
The protest had lasted for 12 weeks.
Several attempts had been made to negotiate some sort of settlement, and much of the violence in north Belfast since mid-June when tensions first erupted has been linked to the dispute.
It is understood a number of measures including the installation of closed circuit TV cameras have been agreed as part of the arrangement to end the stand-off.
Talks are also likely between both sides.
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Father Aiden Troy
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Father Aiden Troy, chairman of the school's board of governors, said he was enormously relieved, but warned there was a lot of work to be done to make sure the dispute had ended for good.
Community worker Mr Mark Coulter, one of the residents involved in the protests, said he was relieved they had ended.
"It has been suspended to give the measures in place an opportunity to work and particularly to get into dialogue with the nationalist community," he said.
"The long-term solution to this is through dialogue and it has got to happen."
PA