Gray said while it was a Christmas event it was also an opportunity for the retailers to get involved.
"The eateries are open late and there's a few retailers who've come back and said 'yes, we're definitely staying open late and we're going to offer some specials,' so they really get involved too and I think they do enjoy it," she said.
"It also gives everyone a chance to do a bit of late-night shopping."
Gray said the entertainment will be based on the raised cobblestone stage opposite Mokaba Cafe, which will be easy to find because the giant 6m Christmas tree was expected to go up there yesterday, depending on the weather.
Gray said last year was the first time the event was held on the same night as the markets and although she could not put a number on how many people showed up, it was "definitely in the hundreds".
"It went really well. It was really popular. I think there was a really cool cross-over of people who had come to each event or had heard that both were on. It was a really great turnout last year and I think the weather really helped too to because it was a really beautiful evening."
Gray said the Christmas tree which goes up in the Cameron St Laneway will be at the Christmas Festival at Northland Events Centre - on Saturday, December 8 - before it is erected in the CBD a few days later.
"We're really excited about it because we haven't had a big Christmas tree at the stadium for a few years now," she said.