Several church towers stand out here. In the Middle Ages, the site was named as a monastery because it belonged to what was then the foundational monastery of Cistercians in what is now called Gustav Adolf Gymnasium. In the 1930's, the square became a public park. The park was also rebuilt in the 1990s and a new shoe court was designed. Since 2009, the Tallinn International Flower Festival will be held at Towers Square. The Asuurkeramika Tower Center for Ceramics, Ceramics and Open Gallery is located in Lewenschede Protection Tower, next to the Towers Square.