Stephen Street was renamed Exhibition Street by Melbourne City Council on 5 December 1898. It was renamed to celebrate the 1880 International Exhibition and the 1888 Centennial Exhibition, both held at the Royal Exhibition Building during the boom time of Marvellous Melbourne. The change only applied to the portion of Stephen Street north of Collins Street. The remainder was called Collins Place, and kept that name until it became part of Exhibition Street in 1963.