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Under the revitalisation proposal, the City of Sydney will allow property developers to increase floor space and building heights along Oxford Street if they dedicate at least 10% to cultural and creative purposes.
Toga and Ashe Morgan lodged a $7.5 million development application earlier this month, with the City of Sydney, covering three separate blocks of Oxford Street.
Members of the LGBTQI community gathered at the Burdekin Hotel to discuss the future of Oxford Street, which has been plagued with high vacancies, aggressive vehicle traffic and the absence of a sustainable plan.