New Orleans is world-renowned for its distinct music, Creole cuisine, unique dialect, and its annual celebrations and festivals, most notably Mardi Gras. The historic heart of the city is the French Quarter, known for its French and Spanish Creole architecture and vibrant nightlife along Bourbon Street. The city has been described as the “most unique” in the United States, owing in large part to its cross-cultural and multilingual heritage. Founded in 1718 by French colonists, New Orleans was once the territorial capital of French Louisiana before being traded to the United States in the Louisiana Purchase of 1803. New Orleans in 1840 was the third-most populous city in the United States, and it was the largest city in the American South from the Antebellum era until after World War II. The city has historically been very vulnerable to flooding, due to such factors as high rainfall, low lying elevation, poor natural drainage and location next to multiple bodies of water. State and federal authorities have installed a complex system of levees and drainage pumps in an effort to protect the city.