Incidentally, did you notice that the yellow
and purple triangles have the same area ? This doesn't require
the particular case of one triangle being equilateral, any
rectangle split into 4 areas by its diagonals will do.

More obvious now ?

Anyway back to the area of the Square Hole
:

Thank-you to Clem, and to Marta &
Brittany from MaST Community Charter School, and others who sent
in solutions.
Seeing the image as a 'hole' surrounded by four rectangles, with
each rectangle made from 2 yellow (equilateral) and 2 purple
triangles.
The 'height' of the equilateral triangles is Ö3 divided by 2
So the dimensions of each rectangle are 1 and Ö3
The side of the square hole is Ö3 - 1 and the hole's area is the square of that :
4 - 2Ö3