New Amsterdam was founded in July, 1625, when a settlement was established by the Dutch West India Company. A pentagonal fort was built and a street connecting the two gates was laid out, with a market place in the center. Due to Indian troubles, the settlers at Fort Orange were moved to New Amsterdam in 1626. Two roads, now known as Whitehall and Pearl streets, and two canals, now covered by the pavements of Broad and Beaver streets, formed the limits of the settlement.