It forms the intersection of Ledra and Onasagorou streets with Stasinou, Omirou, Kostaki Pantelidi, Konstandinou Palaiologou and Evagorou avenues.

Nicosia town hall, located on D’Avila bastion, overlooks the square whilst Ledra Street leads onto its northern side.

The original wooden bridge known as the Hajisavvas Opening (erected in 1882) was replaced with a solid concrete one, which survives to date.

[11][3] "Eleftheria Square constitutes a dramatic and historically significant 'architectural' intervention - an aspiration to reconnect the ancient city's massive fortified Venetian Walls and moat with the modern city and beyond - a bold vision of coherence and continuity which can become a catalyst to unify the last divided capital of Europe."

Zaha Hadid Architects[12]In 2005, an international architectural competition was announced for the redesign of the square in which 35 offices from different countries submitted proposals.

The technical difficulties during the construction, but also the improvement interventions in the infrastructure of the city center, were something that had upset the local community and caused a lot of complaints and dissatisfaction, mainly due to traffic obstruction.

The project is admittedly a progressive approach to the creation of public space, and in fact many of the criticisms may have been due to a misinterpretation of the design intent.