[1] In 1908, businessman Fedot Makhotin opened the first stationary cinema in the city.

It was located on the site of the modern entrance to the metro in the southern part of the present square.

[3] In 1924, Building of State Institutions was constructed in the northern part of the square.

From 1926 to 1930, Prombank, Oblpotrebsoyuz Building, Business House and Gosbank were built here.

In 1944, Novosibirsk Opera and Ballet Theatre was completed on the square.