The Nepal Peace Pagodain South Bank Parklands
After the end of World Expo 88, various contingency plans were mooted as to possible future developments. One proposal was for a second central business district area to be developed, however this proposal was rejected. A second proposal, incorporating extensive parklands, boutique retail, as well as low-medium residential development, was later accepted, and four years after the closure of World Expo 88, the site was reopened as South Bank Parklands, which is managed by the South Bank Corporation, a State Government corporation.
The only remaining trace of the Exposition on the former site is the Nepal Peace Pagoda, part of the Nepalese representation, a traditional three-storey handmade wooden replica of a Pagoda in Kathmandu. The popular Boardwalk eateries from Expo made way for more parklands and upmarket restaurants in 2011.