Hildesheim, one of the oldest cities in the North of Germany, was founded in 815 as a bishopric close to a ford of the river Innerste.
The settlement very quickly developed into a town which was awarded market rights by King Otto III in 983.
The present market place of Hildesheim was laid out at the beginning of the 13th century when the city had about 5,000 inhabitants.
At the beginning of the 1980s, the hotel in the Market Place went bankrupt and the expanding Municipal Savings Bank needed a larger building.
On this occasion, the city council decided to tear down the concrete buildings and to reconstruct the historic Market Place of Hildesheim in the original style.
A large variety of traditional products and handicrafts, local delicacies and Christmas merchandise is offered.