The Times Square Alliance says it's intended to simplify and de-clutter - and create a unified identity for the heart of Times Square.
The $27 million plan is heading for final approval and is expected to be completed in 2014.
The Manhattan firm Snohetta unveiled its preliminary plan at a community board meeting Monday night.
The plan is part of a redesign that began in 2009 when Mayor Michael Bloomberg banned cars from parts of the square and pedestrian plazas were installed.
The new look calls for large slab-like benches to replace the current red metal chairs. Stone or concrete will cover the now blue-painted asphalt.