The first festival was held in October 2001 at Allen's Landing in downtown Houston. In 2004, the festival added a second event – the Gulf Coast International Dragon Boat Regatta held in October at Clear Lake Park. 2005 saw the festival host the U.S. Central Region Championships in conjunction with the Gulf Coast International regatta.
The Texas Dragon Association plans to build the first boathouse along the downtown Bayou for non-motor boat craft. The Houston Endowment donated $75,000 to build the boathouse at 501 N. York Street.
^"A Year of Corporate Philanthropy: October 2005". Houston Business Journal. 2005-11-11. "Wal-Mart was presenting sponsor of the second annual Gulf Coast International Dragon Boat Regatta at Clear Lake Park, which helps increase awareness of Asian and Asian-American culture."