Council will decide on Monday night whether to immediately start bringing in artists, retailers and cafÃ©'s to Council owned properties on Oxford Street.
Councillors will also be presented with a longer term plan to create a thriving cultural precinct by the CEO.
I asked the CEO at the Council meeting on 27 June to investigate what the City could do with Council owned properties between Hyde Park and South Dowling Street to breathe new life in Oxford Street.
I asked that the City explore options to support creative industries, including whether we could use our properties as workspaces or make them available to artists in residence.
By developing a cluster of imaginative and inspired small businesses and arts studios, we hope to see the birth of a 'creative industry incubator' which would be a managed workspace where artists can also be exposed to the inspiring work of people around them.
Artists living and working in an area bring life, creativity and a bohemian feel - and with that comes new retail and hospitality offerings, a more diverse crowd and many benefits for the local economy.
Oxford Street is one of our best known streets and we're committed to building on its reputation to create a street filled with life, vitality and creativity throughout the day and night.
Creative industries and imaginative retailers as well as non-profit creative organisations and cafÃ© operators will be invited to submit ideas to activate the spaces this year and work will commence on the long term feasibility of utilising these sites for a range of uses.