Alhóndiga Street gets its name from the many stands where products were bought and sold in old Granada. In Medieval times this area was known for its prominent status in the silk market. Alhóndiga Street now is the nerve centre for trade in Granada. A few minutes away on foot is the Church of la Magdalena, a prime example of Grenadine Baroque architecture. This religious building is attributed to Alonso Cano. From the Church of la Magdalena you can get to the Aljibe de San Miguel, a pointed horseshoe arch atop Roman columns that supplied water to part of Granada's residents.