In 1931, 1st Meschanskaya Street was paved by the American firm "Seabrook" but after two years the surface crumbled, unable to withstand the extremes of temperature.

[1] In 1934, the roadway was expanded through the elimination of the tram tracks, fences and front gardens next to houses.

The street was divided into sections and assigned architects from APU 4 including D. D. Bulgakov, K. I. Dzhusom-Danilenko, E.P.

In the spring of 1936 the design department the Moscow City Council delivered plans for the first buildings.

Most of them were immediately accepted with minor adjustments, but a number of proposed plans were rejected.

For instance, a residential project at the Botanical Garden designed by Konstantin Melnikov was rejected, the form of which would have combined light arches, similar to dried plants for a herbarium, and balconies in the form of bunches of flowers.

In 1939 a sculptural group by Vera Mukhina was installed on the avenue, near the exhibition center, entitled "Worker and Collective Farm Girl".

1st Meschanskaya in 1957 was renamed Prospekt Mira to commemorate the 6th World Festival of Youth and Students, held in Moscow that year.

From the beginning of the 1960s, further large scale development was undertaken on the avenue in the Alekseevskogo and Rostokin districts.

The avenue begins with decorative towers on both sides of the street, at the corners of houses number 1 and 2, built in 1938 by architect M. Rubin.