The first step is listening to what people want the square to be which will not be straightforward as George Square means different things to different people.
Securing cash through the Tax Incremental Finance route is a relatively new method and the scheme has proved controversial when previously considered.
While the money will be welcome that will only be the case if the public can be assured the process is transparent and it not to the detriment of other parts of the city.
The council budget is currently very tight and the coming years show no sign of improvements obviously finding ways of funding new projects is a challenge.
TIF involves borrowing cash on the strength of future income through business rates so there is an element of risk.
It must be ensured that the projections and calculations are honest and accurate and do not exaggerate income estimates to fund the project.
George Square is an asset to Glasgow, which is of cultural and historic significance and changes in the past have not always been the most popular.
This time we must ensure we get it right.