When the Clyde Dam was completed in 1992 it flooded Cromwell's historic town centre, 280 homes, six farms and 17 orchards. Many historic buildings were disassembled before the flooding and have since been rebuilt in a pedestrianised precinct beside Lake Dunstan. While some have been set up as period pieces (stables and the like), others house some good cafes, galleries and interesting shops. In summer it plays host to an excellent weekly farmers market.