It is a mobile art festival held at the Martin Luther King park. When you have good weather and by that I mean NO RAIN!, at night you have this really living in a different world for a moment kind of feeling ambiance.
For me it reminds me of the American fun fairs. You can visit some theatre acts, eat food from different countries, play games, watch movies, just a relaxed fun night out.
So go and see the Parade.....With good weather!!!!!