In 1348,
Bohemian King
Charles IV founded the
New Town of Prague. The plan included several open areas for markets, of which the second largest was the
Koňský trh, or Horse Market (the largest was the
Charles Square). At the southeastern end of the market was the Horse Gate, one of the gates in the walls of the New Town. The
Statue of Saint Wenceslas formerly stood in the middle of Wenceslas Square, near Grandhotel Evropa, it was moved to
Vyšehrad in 1879. During the
Czech National Revival movement in the
Czech lands of
Austria-Hungary in the 19th century, a more noble name for the street was requested. At this time the square was renamed and new
Statue of Saint Wenceslas was built in 1912. On 28 October 1918,
Alois Jirásek read the
Czechoslovak declaration of independence in front of the Saint Wenceslas statue. During the 1938
May Crisis, the square was the site of massive demonstrations against
Nazi Germany's demands for the
Sudetenland and the
appeasement policies of the
First Czechoslovak Republic's allies the
United Kingdom and
France. Under the
Protectorate of Bohemia and Moravia, the
Nazi occupation force used the street for mass demonstrations. During the
Prague Uprising in 1945, a few buildings near the
National Museum were destroyed. They were later replaced by department stores. On 16 January 1969, student
Jan Palach set himself on fire in Wenceslas Square to protest the
Warsaw Pact invasion of Czechoslovakia in 1968. On 28 March 1969, the
Czechoslovak national ice hockey team defeated the
USSR team for the second time in that year's
Ice Hockey World Championships. As the
Czechoslovak Socialist Republic was still under Soviet occupation, the victory induced great celebrations. An estimated 150,000 people gathered on Wenceslas Square, and skirmishes with police developed. A
group of provocateurs then attacked the Prague office of the Soviet airline
Aeroflot, located on the street. The vandalism served as a pretext for reprisals and the period of so-called
normalization. In 1989, during the
Velvet Revolution, large demonstrations (with hundreds of thousands of people or more) were held here. Wenceslas Square is lined by hotels, offices, retail stores, currency exchange booths and
fast-food joints. Many
strip clubs also operate around Wenceslas Square. Wenceslas Square is also a popular place to spend the
New Year's celebrations, another popular option are terraces near the river. The
Christmas markets (
Vánoční trhy) are held here every year from early December to the first week of January.
Reconstruction A reconstruction of the Wenceslas Square has been underway since 2020. The lower part was completed in 2023. Construction of the new upper part (from
Vodičkova street) is to begin in June 2024. It will include wider sidewalks, tram tracks, bicycle paths, new alleys and reduction of the space dedicated to motor traffic. Full completion is scheduled for summer 2027. The expected cost is 1.24 billion
Czech crowns. ==Art and architecture==