San Juan (IPA: [saŋ hwaŋ]) (from the Spanish San Juan Bautista, "Saint John the Baptist") is the capital and largest municipality on Puerto Rico. San Juan was founded by Spanish colonists in 1521, who called it Ciudad de Puerto Rico ("City of Puerto Rico"). In addition to being the oldest city in Puerto Rico it is the oldest European-founded U.S. city, older than even St. Augustine, Florida. Puerto Rico's capital is the second oldest European-established city in the Americas, after Santo Domingo, now in the Dominican Republic. Several historical buildings are located in San Juan; among the most notable are the city's former defensive forts, Fort San Felipe del Morro and Fort San Cristobál, and La Fortaleza, the oldest executive mansion in continuous use in the Americas. Today, San Juan serves as one of Puerto Rico's most important seaports, and is the island's manufacturing, financial, cultural, and tourism center. The population of the metropolitan area, including San Juan and the municipalities of Bayamón, Guaynabo, Cataño, Canóvanas, Caguas, Toa Alta, Toa Baja, Carolina and Trujillo Alto, is about 2 million inhabitants; thus, about half the population of Puerto Rico now lives and works in this area. The city has been the host of numerous important events within the sports community, including the 1979 Pan American Games, 1966 Central American and Caribbean Games, 2006 World Baseball Classic and the Caribbean Series.