Twice as large as the Old Town area, Prague’s New Town (Nové Mesto) is sprawled across one of the banks of the Vltava River. Despite its name, the New Town was founded by Charles IV back in 1348 following his coronation under the Holy Roman Empire. It was later redeveloped during the late 19th century.The New Town features a mix of historic buildings and squares with more modern developments. Wenceslas Square lies at the heart of the area. This was originally built as a horsemarket and is now a popular place for visitors due to its variety of hotels, shops, restaurants, and nightlife. Other notable squares in the New Town include Charles Square and Republic Square, which also hold plenty of appeal for visitors.The main attractions and historical buildings within the New Town include the Dvořák Museum, the National Museum, the National Theater, the Dancing House, and the New Town Hall.