Perhaps the best known plaza in Madrid, this impressive square is now one of the main stops on any tourist visit. Originally built outside the city walls, this enclosed square has played host to bullfights, markets, symphonies, tournaments and executions. Today it is ringed with tourist shops, cafes and restaurants. The statue of Philip III sits in the middle across from the Casa de la Panadería, a beautifully painted building with two towers on the north side of the square (not to be confused with the other building with two towers on the opposite side) which once served as the headquarters of the bakers' guild and now houses a tourist information office. Access to the square is via one of the many arcades which connect to the surrounding pedestrian streets.