The square used to be the site of a Capuchin convent, but after the Confiscation of Mendizábal in 1835, it was turned into a theatre (first the Teatre dels Caputxins, and then Teatre Nou). In 1848, it made way for a square with an arched arcade, one of the few now remaining in the city, designed by Daniel Molina. There is a central fountain dedicated to the Three Graces and lamp posts that are an example of Antoni Gaudí’s early work, as well as some of the most popular bar-terraces in the city.
