The street acts as the main vehicle access and exit for a large multi-storey car park used by shoppers in central Cambridge.
[1] Evidence for a number of ditches over the centuries and medieval settlement has been found on the northeast side of the street.
On the far side of the ditch from the town centre, to the east of Slaughterhouse Lane was the Beast Market and a slaughteryard.
The Corn Exchange was built in the 19th century and the northeast side consisted of small shops and inns.
In the 20th century, the character of the street was completely changed through the development of the Lion Yard shopping centre, the associated multi-storey car park, and a hotel.