Hamilton City Council could be required to pay $3 million to upgrade Hamilton's Garden Place.
The makeover proposed by Hamilton property investors Matt Stark, Steve McLennan and architect Brian White will include new gardens, play areas and shared parking spaces.
Mr Stark said that almost $3 million is the maximum amount of money needed from council and he only put this figure forward to not catch the council off guard.
We can sit around here debating until the cows come home around cars shouldn't be in there but we would just have tumbleweed there.
"I'd like to think that we can do it for $2 million," Mr Stark told the council.