Before Banff was a national park, Bankhead was a coal mining town nestled between the Bow River and Lake Minnewanka. The coal mine didn't last long, but traces of the ghost town linger in the forest to this day.
The Upper Bankhead picnic area is located on the former townsite and if you head into the woods a bit you can find the foundations of the buildings from the old town.
The picnic site itself has a good number of picnic tables (although some are partially hidden in the woods to the west), a picnic shelter, and an outhouse. The site is also popular since it serves as a trailhead for the Cascade trail and C-Level Cirque trail.