During foundation of the square it got name the Square of Dürich, which was kept until 1940. It happened in the honour of Josef Dürich (1847-1927), a Czech resistant worker during the Wold War I. In 1940-1945 it was called the Square of Scharnhorst after the Prussian general, Gerhard Johann David von Scharnhorst (1755-1813). After end of World War II until 1947 the name Square of Dürich returned and then until now it is the Square of Freedom to celebrate again the free Czechoslovak state.
Whole western side of the square is taken by a large building of Ministry of Defence of the Czech Republic no. 471/27 from 1925. Four sculptures on pedestals on the dripstone come from the same period. They sprang from the atelier of academic sculptor Břetislav Benda and they portray soldiers with accoutrements and equipment used by Czechoslovak armed forces at that time.
The opposite eastern side of the square is taken by school buildings. Among them there is an elementary school no. 930/3, which bears a name of excellent Czech singer Ema Destinnová. In front of the schools, in the lawn there is standing a sculptural group called Peace, two children playing with a dove. The piece was created by sculptor Karel Hladík in the end of the twenties of the last century.
In the western side there is standing so-called Glass House no. 728/1, an outstanding piece of Czech interwar architecture. Its designer was arch. Richard Ferdinand Podzemný. The first tenants moved there in 1938.
In the middle of the square there is standing large Memorial to the killed Czechoslovak pilots during 1939-1945. The foundation stone was laid on 29th October 1993 and the ceremonious unveiling occurred on 12th May 1995. Author of the memorial was sculptor František Bělský (1921-2000).