A work by Miguel Ángel Trilles [es], it was unveiled at its original location on the Glorieta de Bilbao on 5 June 1902 (the ceremony had been delayed several times by bad weather)[1] as part of a series of inaugurations of outdoor sculptures in Madrid on the occasion of the celebrations for the coming of age of King Alfonso XIII,[1] featuring several notable figures such as—aside from Bravo Murillo—Agustín Argüelles, Lope de Vega, Francisco de Quevedo, Eloy Gonzalo [es] and Goya.

[2] The original version of the monument had a total height of 8.00 m.[4] The bronze statue represents a standing Bravo Murillo.

[2] It features an allegorical female figure embodying the town (villa) of Madrid holding the municipal coat of arms, while two lateral bronze reliefs on the plinth represent Commerce and Industry.

[4] Following the revamp of the glorieta de Bilbao decided in 1961, the monument was removed and, upon request from the Canal de Isabel II, it was relocated next to the main headquarters of the later company at the meeting of the streets of Bravo Murillo and José Abascal, yet when the monument was unveiled for a second time on 17 December 1963 it had lost the original plinth in the process.

A detached limestone wall dedicated to Bravo Murillo and funded by the Association of Plumbing Employers of Madrid (ASEFOSAM) was erected later behind the statue.