Amsterdam's Nieuwmarkt (or New Market) is located near Chinatown and the Red Light District. The market has been in business since the fifteenth century and became a bustling daily market in the seventeenth century. Since then, it has progressed into an area of entertainment much like the rest of Amsterdam. Street entertainers, fairs, and carnivals call the Nieuwmarkt home. The market also accommodates circuses complete with acrobats and animals. The districts proximity to Chinatown makes it the prime location for the Chinese New Year's celebration. Another notorious festival is the Heart's Day celebration in August. Most commonly, celebrations for this festival involve alcohol, fireworks, and Drag.
The Waag Gatehouse is located in the center of the square and was used as the city gate until the seventeenth century. It entails seven tours The buildings that envelope, incorporate, and surround the Nieuwmarkt are rich with their own history and purposefulness. The Theatrum Anatomicum is one of those historically rich buildings. It was the first in the history of the Netherlands to host public human dissections. The building is now used as a café and restaurant. Many tourists and locals find that the Nieuwmarkt is an entertaining and lively district in Amsterdam.