It was established in 1875 as Plaza La Serena and adopted its current name in 1928 to honor Manuel Baquedano.[1] It was originally a traffic circle but its geometric design and functionality have changed since then.
In the context of the 2019–2021 protests, the protesters dubbed the square as Plaza de la Dignidad (Dignity Square).[2]
On March 12, 2021, the four-ton statue of General Baquedano was removed to be restored by the National Council of Monuments, after continuous acts of vandalism by protesters. Attempts to burn and tear down the statue were made on March 5 and 8 respectively, ultimately prompting the authorities to make the decision.[3]