It announced plans to start work on the project in Swift Street on June 4 after securing state government funding.

But concerns were raised about the impact of the loss of seven parking spots to accommodate the pedestrian refuge with council to conduct an information evening for businesses in the affected area and the wider community on Wednesday from 5.30pm.

Albury Northside Chamber of Commerce acting chairman Barry Young urged any businesses opposed to the loss of carparking to attend the session.

"In terms of these sorts of issues, information is gold," he said.

"A lot of people make assumptions without knowing the facts and certainly from a traders' point of view if they are concerned, they should absolutely go and voice their concerns."

Council secured Active Transport funding to complete a number of pedestrian and cycle improvement projects across the city.

"The construction of a pedestrian refuge on Swift Street was chosen because of heavy use of the area by pedestrians throughout the day, with busy times occurring during events at the Albury Entertainment Centre," a council statement said.

"The construction of the refuge will see the loss of seven on-street parking spaces in order to achieve the required sight lines for pedestrians and motorists.

"The refuge will improve pedestrian safety on the busy walking route from the all-day multi-deck car park in Wilson Street to the CBD."

The majority of timed parking spaces in the area exist on the northern side of Swift Street from the former The Border Mail offices to the Swift and Olive streets roundabout.

The go ahead normally needs council approval via a recommendation from its local traffic committee.

The most recent traffic committee was scheduled for May 30 with recommendations not presented to council for endorsement to date.

Pedestrian lights already exist at the intersection of Swift and Kiewa streets.