In addition to Baracoa, Velásquez used his authority to establish six more Cuban towns by 1515. Most of the new settlements were sited on the coast near gold deposits and significant populations of Indian labor. Bayamo was founded in 1513, followed in 1514 by Trinidad, Sancti Spiritus, and Havana. Havana, destined to become the premier city of Cuba, was originally founded on the south coast. Puerto Principe was established in 1515. Velásquez added Santiago de Cuba in July, 1515 and made it his residence and the new capital of the island.