- 16,000 Rotarians converge on South Bank for the 2003 Rotary International Convention at the Brisbane Convention & Exhibition Centre - South Bank hosted a public welcome of cultural dance, music and a fireworks event.
- Two South Bank restaurants won major awards at the Restaurant and Catering Queensland Awards (Brisbane). Little Stanley Street's Ahmet's Turkish Restaurant was named Best Themed Restaurant for the second year running and Wang Dynasty won best Chinese Restaurant. The Brisbane Convention & Exhibition Centre won four of the five catering awards.
- South Bank Indigenous Employment Project won Employment (medium) category in the 2003 Queensland Reconciliation Awards for Business.
- South Bank Retail won an Australian Marketing Institute Awards' New Product/ Service Category for its "Free Parking when you Dine" promotion.
- South Bank Retail won the Property Council Australia 2003 Queensland Shopping Centre of the Year Award in the Neighbourhood Centres under 10 000 square metres gross lettable area retail category. Little Stanley Street was awarded runner up in the same category.
- The Catalano's, owners of the Hawthorne and Balmoral Cinema's, opened the South Bank 5 Cinema Complex in the former IMAX cinema building.