This project proposes to pedestrianise Dunluce Street and Lower Cross Street in the town.
Outlining more about the scheme, Mayor Councillor of Mid and East Antrim Borough Council, William McCaughey said: "As part of the overall regeneration scheme we are proposing to pedestrianise both Dunluce Street and Lower Cross Street, and to extend the public footway on Bridge Street by removing the two on-street parking bays.
"We envisage that by pedestrianising the two streets it will create a vibrant and attractive space with the opportunity to develop a café culture and a plaza type area to host small events that will increase footfall in Larne town centre."
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The Council is currently developing an application for funding from the Department for Communities (DfC) to invest in the Public Realm in this area.
Cllr McKeen, Chair of the Council's Borough Growth Committee, added: "A few years ago public realm improvement works were completed in Larne with significant investment put into new streetscape, furniture and lighting, however this work did not extend to Dunluce Street and Lower Cross Street.
"It is hoped that the regeneration works will act as a catalyst for further private and public sector investment in Larne, and with the development of a new hotel planned for this area in the near future now is an opportune time to focus on upgrading Dunluce Street and Lower Cross Street to further enhance the area as a whole."
The views of businesses located in the area and also from the wider public are being encouraged to help shape the plans.
An online survey has been created with a deadline of 20 September.
