The South Bank Parklands are located at South Bank within the suburb of South Brisbane in Brisbane, Queensland, Australia. The parkland, on the transformed site of Brisbane's World Expo 88, was officially opened to the public on 20 June 1992. The South Bank Parklands are located on the southern bank of the Brisbane River, at South Bank, directly opposite the City. The parklands are connected to the City by the Victoria Bridge at the northern end, and to Gardens Point by the Goodwill Bridge at the southern end. The parklands consist of a mixture of rainforest, water, grassed areas and plazas as well as features such as the riverfront promenade, the Streets Beach, the Grand Arbour, the Courier Mail Piazza, the Nepalese Peace Pagoda, the Wheel of Brisbane, restaurants, shops and fountains. The parklands are also home to the Queensland Conservatorium. South Bank and its parklands are one of Brisbane's most important cultural precincts and they regularly host large scale festivals and events. Approximately 11,000,000 people visit South Bank Parklands each year. History South Bank was originally a meeting place for the traditional landowners, the Turrbal and Yuggera people and, in the early 1840s it became the central focus point of early European settlement. From the 1850s, South Bank Precinct was quickly established as the business centre of Brisbane. However, this was all disrupted when the 1893 Brisbane floods forced the central business district to shift to the northern side of the river and attain higher ground. This is where the Brisbane central business district still stands today. This began the decline of South Bank, and the area became home to vaudeville theatres, derelict boarding houses, and light and heavy industry. The 1970s marked the beginnings of a new era, with parkland reclaimed along the river bank, and the Queensland Cultural Centre was built which included the Queensland Art Gallery, the Queensland Museum, the Queensland Performing Arts Centre and State Library of Queensland (today it also includes the Queensland Gallery of Modern Art). In 1988, Brisbane held a successful World Expo 88, following which the Government intended to develop the site for commercial interests. However, a public campaign successfully lobbied for the site to be redeveloped as parkland for the enjoyment of people in Brisbane. In 1989, the South Bank Corporation, a Queensland Government statutory body, was established to oversee the development and management of the new South Bank Parklands.