Well, that’s what I’m calling it anyway.  It’s the square that is dedicated to the founder of Reykjavik, Ingólfur Arnarson.  He was a viking who saw the smokey bay and named it after that steam.

Today you can still see the steam coming up from the ground.

It’s a nice open square.  And there’s a pole dedicated to the founder.

Don’t ask me to translate, I don’t know Icelandic.  But regardless, it look pretty cool.