The main street of Oradea serves as a historical timeline, reflecting the city's transformation over the years. Originating in the late 17th century after the liberation from Ottoman rule, the street was initially dominated by religious buildings, from Franciscan to Ursuline and Misericordia monastic orders. This ecclesiastical character began to shift in the 19th century, particularly after the construction of the Central Railway Station at the street's northern end. The Theatre and the Bazaar Building soon followed, expanding the road from 9.9 meters to 16 meters wide just before World War I halted further development.

Gone were the days of its subdued, religious profile, replaced by lavish palaces owned by illustrious families like Moskovits, Stern, Weiszlovits, and Rimanóczy. These opulent residences were not just status symbols; they also housed various commercial and professional activities, like legal practices and medical offices.

The street's modern layout was finalized during the communist era, marked by the removal of single-story houses and the introduction of industrial buildings like a shoe factory and a block of flats. In recent years, a concerted effort has been made to restore the grandeur of its heritage buildings, reinforcing the street's status as an architectural marvel. Over time, the road has worn various names, from Platea Magna and Platea Maiori to Rákóczy Way and Republicii Avenue, each character capturing a different era in its rich history.