Its official name is Trg bana Josipa Jelačića and is colloquially called Jelačić plac.

The square is located below Zagreb's old city cores Gradec and Kaptol, just directly south of the Dolac Market on the intersection of Ilica from the west.

The square's history begins in 1641 when a new marketplace was created on a plain below Gradec and Kaptol, near Manduševec spring.

[2] Jelačić's statue was removed in 1947 as the new communist government of SFR Yugoslavia denounced him as a "servant of foreign interests".

[citation needed] On 11 October 1990, during the breakup of Yugoslavia and after 1990 elections in Croatia, Jelačić's historic role had again been considered positive and the statue was returned to the square but on the north portion facing the south.

[citation needed] Being a part of the pedestrian zone, it is inaccessible by car, but it is the main hub for trams.

[citation needed] The present-day square features buildings belonging to different architectural styles ranging from classicism, secession, and modernism.