The Saville Hotel South Bank opened (now Mantra South Bank).


Public consultation commenced for the South Bank Transit site in February that would become the three-tower Southpoint development.


Completion of Glenelg Street upgrade.


South Bank Corporation launched an Expressions of Interest campaign in June to develop the largest available site within the South Bank precinct (Southpoint).

South Bank was the live site for the Soccer World Cup Australia v Italy knockout match.


South Bank Corporation approved national engineering and construction company Abigroup's plans for a three-storey development on the former Butterfly House site located in the heart of South Bank.

South Bank was identified as part of the city frame in the Brisbane City Council's City Centre Master Plan.


The Expression of Interest campaign for sites 9A and 9B and Collins Place at South Bank closed on July 28 and generated an unprecedented response. More submissions were received for the site (to be named Southpoint) than any other previous development offering at South Bank.


Parking became easier at South Bank with the launch of the Parking Guidance System in September; a joint initiative between South Bank Corporation, Brisbane Convention & Exhibition Centre and the Corporate Administration Agency (QPAC and Queensland Museum). The Parking Guidance System reports accurate, real-time car park space availability to motorists intending to use the major car parks within the South Bank Precinct.


Former Premier The Hon. Peter Beattie unveiled the winning bid by Anthony John Group to develop Southpoint on sites 9A, 9B and heritage listed Collins Place, the largest remaining development site at South Bank.

South Bank Corporation appointed experienced market operator Blue Sky Events to reinvigorate its popular craft markets.

The Corporation took advantage of Little Stanley Street's strong retail growth and in October, purchased Mirvac's remaining 35% interest in the retail tenancies.


While the State was experiencing unprecedented drought conditions, South Bank led the way in Brisbane's push to reduce water consumption with the Corporation reducing local city water use by more than 25 per cent in 2006.


Former Premier Peter Beattie and then-Treasurer Anna Bligh jointly announced the Government would spend $3.4 million on design work for a new construction phase to expand the Brisbane Convention & Exhibition Centre.

Two SW1 towers are completed.