From this intersection, Löwengrube is the name of the street that branches off to the east in the direction of the Frauenkirche, approximately 200 meters away.

[1] Today, the profaned building is used as an archive of the Archdiocese of Munich and Freising, while a section serves as an event and exhibition area.

Adjacent to it are buildings of the Ordinary of the Archdiocese of Munich with a park, which is separated by a wall from the Karmeliterstraße.

On the east side of the street is a five-story building complex of the Deutsche Bank with two garden courtyards.

It has been reported, however, that in the area of today's Promenadeplatz, which lies to the north, there was a municipal Salzstadel (building to the storage and the sales of food salt) during the 15th century which was demolished in 1778.

From 1806 to 1944, a Königliches Erziehungsinstitut für Studierende in München (royal educational institute for students in Munich) was located on Karmeliterstraße, which was led by the former Benedictine Benedict of Holland as director from 1811 and was later named Hollandeum after him.

The institute was relocated in 1806 from its founding place in the Neuhauser Gasse, into the building of the Karmeliten Church.

[7] The Handels- und Gewerbs-Addreß-Taschenbuch of the Royal Baierisches Haupt- and Residenz-Stadt München of 1818[4] listed the Kaltenecker-Brauhaus as part of Promenadeplatz after it was used as a parade ground after the demolition of the Salzstadel and was transformed into a green garden space starting in 1804 and was renamed Promenadeplatz.

Later, the Jewish textile retailer, Sally Eichengrün, opened his popular fabric shop there[13] which, like the brewery, once appears as listed to be "in Karmelitergasse", sometimes as "on Promenadeplatz" aka "on Ritter-von-Epp-Platz".