The western section, which runs through the suburb of Darlinghurst, is widely recognised as Sydney's main gay district and Oxford Street is closed to traffic once a year in early March for the world famous Sydney Gay and Lesbian Mardi Gras. The section to the east of Taylor Square, running through the suburb of Paddington forms an upmarket shopping strip, noted for fashion, gifts and homewares, and represents the home of the new medical faculty of the University of Notre Dame Australia as well as the University of New South Wales' College of Fine Arts, Victoria Barracks, Paddington Bazaar and St Vincent's Hospital, Sydney amongst other locations.