The addition of New Town tripled the size of Prague. It was primarily inhabited by tradesmen and craftsmen. Charles IV also ordered that noisy and dirty trades be moved there from Old Town. During the 19th century, much of New Town was demolished and rebuilt in the Art Nouveau style, which remains to this day.
Today New Town is centered around Wenceslas Square, which is the main commercial and business area of Prague with many large hotels, retail shops, and restaurants. Much of the rest of New Town is dedicated to residential buildings.