Neustadt ('new town') describes the district on the right bank of the Elbe, though until the 18th century this settlement opposite the old quarter went by the name of Altendresden ('old Dresden'). The area was granted a town charter as early as 1403, but always remained in the shadows of the Residenz Palace across the river. Following a devastating fire in 1685, the district (by that stage incorporated into the city) was re-built to a specific plan as 'Neue Stadt bey Dresden', or Neustadt. This baroque rebirth gave rise to charming ensembles of streets and squares, which can still be seen today around Königstrasse. Inner Neustadt begins at Neustädter Markt square with its Golden Rider – an equestrian statue of Friedrich August I, Elector of Saxony and King of Poland. The road that begins there (Hauptstrasse) is the main boulevard through this historical district. Further up the river, Inner Neustadt meets the government district at Königsufer, which is dominated by the monumental buildings of the Saxon Ministry of Finance (1890/96) and today's State Chancellery (former government buildings 1900/04), both with magnificent historicist facades and roofs.