Sydneys CBD is set for a $43.5m overhaul to turn the traffic-congested stretch of George Street into a pedestrian-only thoroughfare and major dining precinct.

This is some seriously good news for businesses that have been affected by the lockout laws and the construction of the light-rail over the last 6-7 years. In turn, workers, pedestrians and punters will get to enjoy over 9000 square meters of car-free space all year round.

The stretch will run between Town Hall all the way down to Railway Square, the station closest to Central Station. This is likely to include a few music venues such as the Metro Theatre and Civic Underground.

According to Concrete Playground ”$43.5 million will be invested in creating a boulevard, with wider granite footpaths replacing car lanes, new street furniture installed, more trees planted and added spaces for outdoor dining.” Those living near Surry Hills will also score an additional ”public space on Devonshire Street between Chalmers and Elizabeth Street in Surry Hills.”

Lord Mayor Clover Moore explained why they’re rolling out further spending and changes to the core of the CBD;

“We’ve loved seeing people reclaim George Street south while the temporary road closure measures have been in place. Now we want to make these measures permanent, giving people more space to window shop, dine and walk while maintaining physical distancing.”

This project will run alongside the recently announced YCK Laneways hub that showcases some of the best bars and restaurants in and around York, Clarence and Kent Street.

Overall, this is yet more optimistic news for Sydney with the roll-back of the archaic lockout laws, the appointment of a Nighttime Economy Commissioner, the NSW Governments ’24-hour Economy Strategy’ and a suite of new laws that’ll protect music venues.

Those interested can read up on the City of Sydneys plan here.