This square dates back to the first half of the 17th century. Its location, just a few metres from the bay, led to it becoming an important trading square over the years. It is said that around the year 1600 the first fountain of the city could be seen at this square. In 1836 it was replaced by a beautiful fountain made of white Carrara marble by Giuseppe Gaggini, under the good auspices of the Villanueva Count. This fountain is called Fuente de los Leones (Lions Fountain). On its paved area stand two noteworthy buildings: the Monastery and Basilica of San Francisco de Asís, which today houses the Museum of Religious Art and a concert hall. It is also where the Lonja del Comercio (Chamber of Commerce) is located, inspired by Spanish Renaissance architecture and topped by a dome on which a sculpture of the god Mercury stands. Among the houses built around the plaza, the house of the Arostegui family, residence of the Captain Generals until the completion of the City Hall at the end of the 18th century, was erected.

The neighbors of the town insisted to the town council on the need to create a new public square for their amusement. In 1587, the town council decided to use as a public square the area behind the Convento de San Francisco, which was being built at the time. During the latter decades of the 16th century, this square was called the Plaza Nueva (new square), but from the 18th century onwards, once the Plaza del Cristo had been built, it began to become known as the Plaza Vieja (old square). The most remarkable feature of this square are the buildings around it, with their unquestionable historical and artistic importance of having been the blueprint for a style of architecture which, along with certain developments, subsequently spread throughout the city and characterised the Cuban architecture of the 18th century.

The Simón Bolívar Museum is situated within an old Neoclassical palace dating back to between 1806 and 1817., right in front of the bronze statue of Latin America’s liberator, in Old Havana. This museum in honor of Simón Bolívar was opened July 24th 1993, coinciding with the anniversary of his birth. It has permanent exhibitions dealing with the history of the Bolivarian nation and its main figures of independence. The museum also houses a great library with important book collections and Latin-American documents.

The San Francisco de Asís Church and Convent is the current scenario of the richest cultural traditions. This is one of the most extraordinary convent and church complex of the colonial time. The construction of the current set dates from 1738, and it replaced a more modest one completed in 1591. After a restoration in the nineties, the architectural group has harbored, also, a concert hall and the Holy, Sacred and Religious Art museums. The most significant element of the Church is the Tower 42 meters of height, second in altitude at the colonial time.