The square is a central recreation area for young people during the day and in the evening. It is also the preferred and favorite meeting place for the city's residents and a place where you can spend a short time, a cup of coffee or just strolling between the beautiful buildings and the beautiful sculptures that stands there.
The nickname "Horse Square" started from the statue in the center of the square. This is the statue of Prince Mihailo, standing in the place where the city gate once stood, the road which led to Istanbul during the Ottoman rule.
The National Theater and the National Museum of Serbia are also located in the square. The impressive building behind the horse statue is the National Museum of Serbia and the National Theater is on the other side of the road. The beautiful and impressive Orthodox Cathedral is also in the neighborhood.
For Christmas, the square becomes the city's Christmas market.