Downtown Port of Spain Downtown Port of Spain Downtown Port of Spain is the central business district of Port of Spain, Trinidad and Tobago. The largest of the city's 7 commercial districts. The Downtown district of Port of Spain is also the oldest district of the city, between South Quay (to the south), Oxford Street (to the north), the St. Ann's River (to the east), and Richmond Street (to the west). The heart of downtown is Woodford Square - formerly Brunswick Square (renamed in the 19th century for British Governor, Sir Ralph James Woodford). On its northern side are City Hall and the Hall
Port of Spain east with an estimated population of 600,000. The city serves primarily as a retail and administrative centre and it has been the capital of the island since 1757. It is also an important financial services centre for the Caribbean and is home to two of the largest banks in the region. Port of Spain was also the "de facto" capital of the short-lived West Indies Federation, which united the Caribbean. Caricom was established in Chaguaramas, west of Port of Spain. The city is also home to the largest container port on the island and is one of several shipping hubs