Upper New Square, as it was originally known, was laid out in 1742 and was later renamed in honor of Georgia founder General James Oglethorpe, although his statue is located in Chippewa Square, to the southwest.
The home of Georgia's first Royal Governor, John Reynolds, was located on the southeastern trust lot (now a parking lot of The Presidents' Quarters Inn) overlooking the square. Reynolds arrived in Savannah on October 29, 1754.
The residences of the Royal Surveyors of Georgia and South Carolina were located on the northeastern trust lots, the site of today's Owens–Thomas House. The Presidents' Quarters Inn,[2] a 16-room historic bed and breakfast, is located in the southeastern trust lot.
The square contains a pedestal honoring Moravian missionaries who arrived at the same time as John Wesley and settled in Savannah from 1735 to 1740, before resettling in Pennsylvania.[3][4][5]
A Savannah veterans' group had unsuccessfully proposed erecting a memorial to veterans of World War II in Oglethorpe Square[6] It was instead installed on River Street.
The Unitarian Universalist Church was originally based on the square, prior to its move to the western side of Troup Square, a 0.33 miles (0.53 km) to the southeast.
Each building below is in one of the eight blocks around the square composed of four residential "tything" blocks and four civic ("trust") blocks, now known as the Oglethorpe Plan. They are listed with construction years where known.
This trust lot, which is bounded by Abercorn and Drayton Streets, contains two buildings that are among the finest structures of the Greek Revival period in the United States. They were built in the 1840s as rental property by Mrs. Mary Marshall
^City of Savannah's monuments page This page links directly to numerous short entries, many accompanied by photographs, discussing a variety of monuments, memorials, etc., in the squares and elsewhere. Accessed June 16, 2007.
^Chan Sieg (1984). The squares: an introduction to Savannah. Virginia Beach: Donning.