Sydney wakes up to a splash of rainbow as the pedestrian crossing at Taylor Square was painted Workers spent the night painting a rainbow pedestrian crossing at Taylor Square. PAINTING has started on Sydney's rainbow crossing ahead of this weeks Mardi Gras - just hours after the council heard the cost had blown out to $110,000. Commuters will be able to cross the red, orange, yellow, green, blue and indigo pedestrian crossing at Taylor Square on Oxford St this morning. Do you like the new crossing? The rainbow concept was introduced by Clover Moore ahead of the weekend's festivities. One lane of traffic was open to drivers last night while workers painted the road. The cost for the rainbow pedestrian crossing has blown out to $110,000 for one month. Sydney City Council last year backed plans to paint the crossings rainbow in Sydney's gay and lesbian heart - but Lord Mayor Clover Moore has told the council the RMS had set $30,000 worth of conditions to the project, last night. The Daily Telegraph revealed the budget blow out for the project which resulted in the planned second crossing being scrapped.