The building sits partly on the former site of the American Congregational Mission Preaching Hall, where Dr Sun Yat-sen, founder of the Republic of China, was baptised in 1884.

In 1884, Dr Sun Yat-sen, founder of republican China, was baptised there while studying at the nearby Government Central School (now Queen's College).

In February 2013, the Development Bureau announced that it had accepted the revitalisation proposal submitted by the Journalism Education Foundation Hong Kong Limited.

A three-storey utilitarian building, Bridges Street Market is a reinforced concrete frame structure built in the International Modernist style generally accepted as originated in Germany by the Bauhaus School of Art in the 1920s.

The architectural style's main characteristics, which can also be found in the market, include asymmetry, severe blocky cubic shapes, smooth flat plain undecorated surfaces often painted white, the complete elimination of all mouldings and ornament, flat roofs, large expanses of glass held in steel frames on the elevation, and long horizontal streamlined bands of windows.

The front elevation of the market facing Bridges Street is an asymmetrical composition with the main entrance recessed on the left side flanked by a panel of Shanghai plaster grooved to resemble masonry.

Organised by the Journalism Education Foundation, an exhibition and a series of seminars on newspapers and Old Hong Kong were held at the G7 Centre, Wing Lee Street, between September 6 and October 13 in 2013.

Also on display were several copies of newspapers published during the occupation period, which were provided by Hong Kong resident Mr David Ma.