The actor, who plays Sean Tully in the ITV soap, told GMB hosts Eamonn Holmes and Ranvir Singh that plans are in place to put a bench on the street for the 22 victims of last week's horrific attack at an Ariana Grande concert.
"I believe we're doing a bench for the victims. I have no idea where it will be yet," Anthony explained.
Although plans are in the early stages, the 41-year-old confirmed it would be in a prominent position on the soap.
The actor then paid tribute to the 22 people who were killed last week, adding that it affected him more with it being close to home.
Anthony Cotton revealed that Coronation Street will put a bench on set to honour the victims Mourning for Manchester: The world pays tribute Thu, May 25, 2017
Makeshift memorials and tributes to victims of the deadly attack at an Ariana Grande concert.
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Britain's Queen Elizabeth visits the Royal Manchester Children's Hospital in Manchester
I believe we're doing a bench for the victims
Anthony continued: "I'm a proud Mancunian and it's when it's on your doorstep that it affects you and everyone around you.
"Ultimately you're only a couple degrees of separation to someone involved. It's very real and heartbreaking," he added.
This comes ahead of Sunday's charity concert which will see the world's biggest pop stars come together to raise money for the victims and their families.
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One Love Manchester will see the world's pop stars unite for charity
One Love Manchester will see Ariana Grande return to Manchester alongside Coldplay, Take That and Katy Perry among others to perform for a sold out crowd.
The concert will be shown on BBC One this Sunday between 6.55pm and 10pm as well as being broadcast on BBC Radio and Capital Radio Networks.