Waterloo Is... at the Bargehouse at Oxo Tower Wharf is highlighting the creative work of over 60 young people aged 13 to 19.
The exhibition, sponsored by the Heritage Lottery Fund Young Roots Programme, showcases film, photography, painting, poetry, spoken word and oral history by SE1 United and The Hub.
A preview night featured live song, dance, music and poetry before an invited audience.
A carefully lit photographic exhibition on the first floor depicts familiar figures from local resident and long-standing campaigner Ernie Hearn to the mural of a carnival dancer above Cubana in Lower Marsh.
The Waterloo Is... brochure includes a Past and Present feature where young people extract memories from older residents.
A Did You Know? section looks at history and connections with references to the Battle of Waterloo, Lower Marsh existing as a place as early as 1377, Waterloo Station opening in 1848, the famous Festival of Britain in 1951 and the 1984 purchase of the Coin Street land.
Poetry invokes a love of Waterloo with such opening lines as 'Lower Marsh is the definition of multiculture' and 'But leaving Waterloo is not on the cards'.