Schrannenplatz Memmingen

Corn Exchange Square would probably be the right translation. There were 3 large corn warehouses on the square, an important middle age grain market for the whole of southern Germany.
Don't think the Bliped building was one of the stores. It contained until January 2013, a bar/cafe and flats but burnt down causing over 1m Euros damages. Seems one of the people in the flats fell asleep while smoking......!
Surrounding the fountaion in the foreground is a thin brass plaque probably 40 meters long, containing the rules for sellers & buyers at the market, applicable from 1st January 1872.
Don't know if they will try to rebuild it in the original style as there are some very modern buildings on the other side of the square. Bit like my home county Norfolk, they closed the Norwich corn exchange exactly 50 years ago & demolished it. In Diss, they have refurbished their 19C corn exchange. Time will tell.