New Town, Prague

The New Town (Czech: Nové Město) is a quarter in the city of Prague in the Czech Republic. New Town is the youngest and largest of the five independent (from the Middle Ages until 1784) towns that today comprise the historic center of modern Prague. New Town was founded in 1348 by Charles IV just outside the city walls to the east and south of the Old Town and encompassed an area of 7.5 km²; about three times the size of the Old Town. The population of Prague in 1378 was well over 40,000, perhaps as much as twice that, making it the 4th most populated city north of the Alps and, by area, the 3rd largest city in Europe. Although New Town can trace its current layout to its construction in the 14th century, only few churches and administrative buildings from this time survive. There are many secular and educational buildings in New Town, but also especially magnificent gothic and baroque churches. These nevertheless are not the main drawing points for tourists. New Town's most famous landmark is Wenceslas Square, which was originally built as a horsemarket and now functions as a center of commerce and tourism. In the 15th century, the Novoměstská radnice, or New Town Hall, was the site of the first of the three defenestrations of Prague.

No doubt in connection with his coronation as king under the Holy Roman Empire in 1346, Charles IV decided to found a new city in Prague. After he had achieved the city's independence within the church with the creation of the Archbishopric of Prague in 1344, the foundation of the New Town was intended further to enhance the status of the city which was the new residence of the king. In addition, the housing problem within the city walls of Prague that had already been apparent under Charles IV's father John of Luxembourg was crying out for a solution. Many people, mostly poorer Czechs, had settled in suburbs situated at the base of the city walls, and the banks of the Vltava were almost continuously built over.

...
Wikipedia