Miller Place: A $40-Million Vision Facing Funding Hurdle in North Sydney

A proposed $40-million pedestrian plaza in North Sydney’s CBD, designed to transform Miller Street into a car-free public space, faces uncertainty as funding remains unconfirmed. 



Business Sydney and NSC advocate for financial support to proceed with the project. The project aims to complement the newly completed Victoria Cross Metro Station.

Proposed plaza in North Sydney
Photo Credit: NSC

Transforming Miller Street into a Pedestrian Plaza

Plans for a $40 million pedestrian plaza, dubbed “Miller Place,” propose closing Miller Street to traffic between the Pacific Highway and Berry Street to create a 7,500-square-metre public space. Inspired by world-class pedestrian zones in cities such as Copenhagen, New York, and Barcelona, the project aims to revitalise North Sydney’s CBD by enhancing walkability, social interaction, and economic activity.

Business Sydney and NSC believe Miller Place would become the “beating heart” of the area, providing much-needed green space and pedestrian-friendly infrastructure. However, the project’s progression hinges on securing NSW Government funding within the coming months.

Victoria Cross
Photo Credit: NSC

Economic Growth and Urban Planning Challenges

North Sydney’s workforce is expected to grow by more than 20 per cent, from 80,000 to nearly 99,000 by 2036. Business Sydney’s Executive Director, Paul Nicolaou, has warned that delaying the Miller Place project could lead to higher costs in the future.

The transformation aligns with North Sydney’s ongoing urban development, which has seen over $11 billion in investment, making it the second-fastest-growing CBD in Australia. The newly opened Victoria Cross Metro Station has further increased the demand for accessible, pedestrian-friendly public spaces.

Lendlease’s Victoria Cross Project Director, Alex Frankl, has highlighted the potential benefits of the plaza, noting that it would provide outdoor space for approximately 5,000 workers in the precinct, complementing the upcoming commercial tower and the six new restaurants set to open on Miller Street in early 2026.

Miller Place
Photo Credit: NSC

Why Miller Place? A Case for Public Space

Public space in North Sydney has remained limited over the past 50 years, with urban development prioritising commercial infrastructure over recreational areas. Studies indicate that pedestrian activity is expected to rise by 50 per cent by 2036, bringing an additional 22,000 daily users to North Sydney’s streets.

According to NSC, the area has significantly less public domain per worker than locations such as Barangaroo South and Macquarie Park. To maintain the current public space-to-population ratio, an estimated 16,000 square metres of additional public areas would be required.

The council envisions Miller Place as a vibrant hub featuring tree-lined walkways, seating areas, public art, and event spaces, creating a more welcoming atmosphere for workers, residents, and visitors.

Community and Business Support for the Plaza

City official Zoë Baker has emphasised the long-standing push for a pedestrian-friendly zone, dating back to the 1970s. The council argues that Miller Place will help revitalise the CBD by supporting local businesses, enhancing public transport connectivity, and providing a space for social interaction.

Local businesses and urban planners have also voiced support, citing the success of similar projects, such as the transformation of George Street in Sydney. Proponents argue that pedestrianisation boosts foot traffic, stimulates economic activity, and improves overall liveability.

Miller Street
Photo Credit: NSC

Next Steps: Funding Decision Looms

With significant private investment already shaping North Sydney’s future, the success of Miller Place now depends on state funding. Advocates warn that further delays could lead to increased costs and lost opportunities for urban renewal.



Business Sydney and NSC will continue lobbying the NSW Government for financial backing. If funding is secured soon, the plaza could move forward in sync with the ongoing development of Victoria Cross, ensuring a seamless transition to a pedestrian-friendly future.

Published 20-Mar-2025