Plaza Real's history begins in 1822 when was been thought to reform the old convent of Santa Madrona, but the project began to take shape when the burning of convents in 1835, and launched a contest to select the most appropriate project. The drafts that were presented were of Josep Oriol Mestres and Francesc Daniel Molina i Casamajó. While deciding the resolution the space was taken and operated from 1840 until 1848 as a theater (the Teatre Nou). The idea of designing a theater was included as initial hypothesis but with the opening of the Teatro Liceo in 1847 was rejected. In 1848 was finally decided to project the square of Francesc Daniel Molina i Casamajó.
It is one of the squares most distinguished in the whole city as being the only square surrounded by arcades. At first belonged to the middle up class but it got more popular and now you can find music bars, pubs and restaurants, what makes it to be crowded day and night. It is bordered by the Rambla dels Caputxins, Ferran street, Colon street and Escudellers street. Also with the passage of Bacardi, which is the first covered walkway was done in Barcelona. Its location and leisure activities helps the public to be the most heterogeneous: In front of one of the most emblematic jazz clubs of the city, the Jamboree, meet on weekends collectors of coins and stamps. It is also often used to celebrate the traditional dances and is one of the stages of BAM music festival.
In the middle of the square there is a fountain called “Tres Gràcies” ("Three Graces") and its two lamps are sculptural works of Antonio Gaudi initiation. On top of these lamps designed 150 years ago stands a winged helmet with a winding dragon in which the artist conveys the heroism of the medieval Catalan conquerors. This was the first official request that the City Hall assigned to Gaudí. All around you can see the decoration with royal palms and the surrounding buildings are uniform, with arches, decorated with busts of navigators and explorers and shields held by American Indian children.