The square is famous for its fountains and for all the monuments it has around the area. Both the Parque de Bombas and the Ponce Cathedral are located in the middle of the square.
The north section of the square is called Plaza Luis Muñoz Rivera (or Luis Muñoz Rivera square), while the south section is called Plaza Federico Degetau (or Federico Degetau square).
Muñoz Rivera statue is made in bronze and was unveiled in 1923. Luis Yordán Dávila, mayor of Ponce at the time, was one of the main proponents of the monument.
There's also a statue of native composer, Juan Morel Campos. In one corner, there's an obelisk in honor of the firefighters that fought in the "Polvorín" fire (see Parque de Bombas).