After World War II, the market resumed operations with a general covered area where vendors sold goods on tables or makeshift kiosks.
A significant fire in 1989 damaged parts of the market's northern section, leading to the temporary relocation of stalls to Rizal Street while repairs were undertaken.
The main building of the La Paz Public Market underwent improvements and rehabilitation in the early 2000s under the initiative of Congressman Raul Gonzales Sr.[2] The public market underwent major rehabilitation and renovation in 2022, which necessitated the temporary relocation of stalls to Rizal Street once again.
[3] The entire market was demolished, except for the distinctive feature structure with art deco architecture, preserved for its historical value.
It is believed to have been created in 1938 by Federico Guilergan Sr., evolving from a playful combination of "bats" and "choy" (from chop suey).