Following the death of King George V in 1936, the square was widened to include the area which had been Albert Street, and renamed King George Square in honour of the King. The bronzeLion sculptures, which "guard" the King George Square entrance to the BrisbaneCity Hall, were initially on large sandstone plinths, as part of the George Vmemorial, which was unveiled in 1938, as a tribute to the King from the citizens of Brisbane. Vehicular traffic, including a trolley-bus route, operated through the square until 1969, when the roadway was closed to traffic. Buildings on the northern side of the square were acquired by the City Council including the Tivoli Theatre and the Hibernian Building and demolished and work commenced on the construction of the underground King George Square Car Park. At the time of the construction, the statues, including that of King George V and the brass lions, were relocated to their present positions in the square and, between the statues and King George Square, there is now a narrow laneway for the infrequent passage of Government vehicles to be driven to the front of the City Hall. A round-shaped fountain, located in the centre of King George Square, was also demolished, and a rectangular-shaped fountain built. As a direct result of the drought, the water in the rectangular-shaped fountain was temporarily replaced by a special "Watersense garden" with drought-resistant plants. There are statues of some famous Queenslanders in a special section of King George Square, which is called "Speakers' Corner". The statues are of Steele Rudd, Emma Miller, and Sir Charles Lilley. Bronze sculptures from the Expo '88 site have also been incorporated into the square's design.
2009 redevelopment
In October 2009 the new King George Square was opened after 16 months' redevelopment. The square's design is by UbrisJHD selected in a national design competition. The square redevelopment followed the conversion of the underground lower two levels of the King George Square Car Park into the King George Square busway station. The redesign has been heavily criticized for excess surface heat, glare and its lack of shade.
Albert Square
The National Library of Australia holds photographs of Albert Square, which pre-date King George Square in its present form. When Albert Square was redeveloped into King George Square, the fountain at Albert Square was relocated to Wynnum.