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Located on the promenade, Comercio Square is one of the main squares in Lisbon. The buildings located on the U-shaped area open to the river, measuring 177 by 192.5 meters, have spacious galleries. On the square there is a monumental bronze statue of Joseph I, which is depicted as a horseman trampling a snake. It was built in 1775. We can also admire the Rua Augusta Triumphal Arch. From the vantage point on its top there is a very good view of the city panorama. The square also has two high towers that commemorate the destroyed Ribeira Palace.
The largest square of the Braixa district is located on the banks of the Tagus River, from which it is separated by Cais das Colunas. Formerly this place was called Palace Square. Until 1755 the Royal Palace stood there, which was destroyed in an earthquake. After this event, the area was rebuilt for commercial purposes.
Until 1990, the square served as a car park. Currently, it is one of the most visited places by tourists in Lisbon.