The outcome of a £1.5 million funding bid to help repair and preserve key buildings on Union Street is expected early next year.
Aberdeen City Council applied for the funding from Historic Environment Scotland (HES) as part of an operation to transform the granite thoroughfare.
Councillors voted in August to approve the bid and also to release up to £1.5m of necessary match funding from the City Centre Masterplan budget – a potential investment of £3m if the bid is successful.
The money would go towards a Conservation Area Regeneration Scheme (CARS).
The local authority is expected to find out the outcome of the bid early next year.
Finance convener Councillor Willie Young said the council has pledged to invest match funding to ensure the rejuvenation of Union Street is a success.
He added that the money will improve the conditions of buildings on the street.
Cllr Young explained that the aim was to restore a sense of pride of Union Street.
Funding would be used for the restoration of roofs and frontages as well as the reinstatement of architectural features and shopfronts.
Conditions would be attached to the awarding of grants for individual buildings, including a commitment to future maintenance of the properties.
Previous grants given by HES in 2016 include a building repair grant of £286,366 for Aberdeen Music Hall.
While Glasgow and Edinburgh universities have also received archaeology grants from Historic Environment Scotland.
The city council has already pledged around £1m to carry out improvements as part of Operation Union Street Rejuvenation which is being led by the local authority and business organisation Aberdeen Inspired.
This has included a deep clean of the pavements, doorways and street furniture.
The Evening Express has also launched its own campaign, Make Union Street Shine, calling for the road to be restored to its former glory.