To truly celebrate Lake Placid, famously known as the “Caladium Capital of the World,” the Annual Caladium Festival places these vibrant perennials at the center of its festivities. Numerous booths feature caladium-themed displays, and a much-anticipated Floral Arrangement Competition takes place at every festival. The event also showcases a variety of creative expressions, including art and craft stalls, an artist competition, and a beloved car and bike show.