Dedicated to Our Lady of Mount Carmel, it is under the jurisdiction of the Diocese of Cubao under the Vicariate of the Holy Family.

[4] In response to Vagnozzi's request, a group of Irish Carmelite friars sent to the Philippines initially considered building at either Horseshoe Drive or Gregorio Araneta Avenue, both in Quezon City.

The land where the basilica stands today was a cogon field that was part of the original estate owned by Magdalena Hemady, the balae or in-law of then-senator Claro M.

[6] On February 20, 2017, the shrine was granted a special bond of spiritual affinity with the Papal Basilica of Saint Mary Major in Rome, along with plenary indulgences for pilgrims in perpetuity.

[8] Designed by Architect Maximo Vicente Jr.[7] and built in the Modernist style on a Latin cross (cruciform) layout, the shrine is located on a 17,155-square-meter (184,650 sq ft) lot along Broadway Avenue in between 4th and 5th Streets.

Since 2019, a medallion bearing the papal arms has been placed above the right side altar, as well at the main façade on top of the image of the Blessed Virgin Mary – signifying its status as a minor basilica.

[10] The de tallado image depicts Mary with the Child Jesus on her left arm and a scepter on her right hand.

[7] On May 13, 2020, the feast day of Our Lady of Fátima, Pope Francis approved the petition for its canonical coronation, although the Diocese of Cubao announced it two months later, on July 9.