The famous Macquarie Street in Sydney is about to be modified, according to documents released by the New South Wales Government in Australia.

The state has invited designers to come up with a revamp plan for six of the historic buildings along the street, reports Sydney Morning Herald (SMH).

The marked buildings are likely to allow access to pedestrians and will be connecting the precinct with Sydney central business district (CBD) to its west and parkland to its east.

"The proposal also includes provision for developing schools, retail spaces and an auditorium as a part of the campus."

According to the proposal, the Mint, Hyde Park Barracks, and the government lands building in the south-eastern corners of the street will be turned into a new Museum of Sydney campus.

Forwarded by Sydney Living Museums, which is a consortium of a dozen of the city’s cultural institutions, the proposal also includes provision for developing schools, retail spaces and an auditorium as a part of the campus.

A NSW Government Property spokesperson was quoted by SMH as saying: "No decisions have been made in regards to the revitalisation of the Macquarie Street Precinct.

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"The NSW Government is committed to improving access to public domain areas."

The unpublished document has been put online in draft form. Further details, such as the estimated budget, are unknown.

The Australian Labor Party has argued that the plan is part of the government’s intention to commercialise institutions in the state capital.