It is part of the old town's pedestrian zone and a major meeting point where festivals (like the annual Ljubljana Dragon Carnival[1]), concerts, sports, political events, and protests take place.
To the north, Miklosich Street (Miklošičeva cesta) runs past a number of notable Secessionist buildings beginning with the Urbanc House, towards the Ljubljana railway station.
To the west, Wolf Street (Wolfova ulica) leads past the Mayer department store presently housing an office of Bank Austria and an outdoor cafe, towards Congress Square (Kongresni trg).
In the 1980s, Edvard Ravnikar proposed the circular design and the granite block pavement, with a circle and radiant lines of Macedonian Sivec marble.
[2][7] The core city center has been closed for motor traffic since September 2007 (except for residents with permissions), creating a pedestrian zone around Prešeren Square.
[8] At the eastern side of the square, a bronze statue of the Slovene national poet France Prešeren with a muse was erected[3] in front of the Central Pharmacy in 1905.
[4] In 1991, a bronze scale model of Ljubljana was set at the upper end of the square as a gift by the city's Urban Planning Institute.