- South Bank was inundated by flooding from the Brisbane River. The flood waters travelled at 40 kilometres an hour and inundated Clem Jones Promenade with approximately 2 metres of water on Wednesday, 13 January 2011. Due to safety reasons, the Parklands had to be closed to the public on Tuesday, 12 January 2011 and were reopened on Tuesday, 19 January 2011.
- The Corporation’s Flood Off campaign successfully attracted people back to South Bank after the floods.
- The Premier of Queensland, Anna Bligh, opened Picnic Island Playground to the public.
- The Premier of Queensland, Anna Bligh, officially opened the greenspace and amphitheatre at River Quay, the precinct’s premier waterfront dining destination.
- Post-flood renovations to Streets Beach were finalised and it was reopened to the public.
- South Bank was awarded Bronze Benchmark status by EarthCheck, an international certification program for the travel and tourism industries.
- Her Majesty the Queen launches Rain Bank, South Bank’s stormwater harvesting and reuse project.
- Two CityCycle stations are installed in the precinct. The first was installed outside the Maritime Museum and the second was installed on Grey Street, outside the Queensland Conservatorium of Music.
- The first retailers at River Quay opened their doors to the public.
- Australian Broadcasting Corporation (ABC) staff begin moving into the new Brisbane ABC headquarters on the corner of Grey and Russell Streets