[1][2] It was designed by the architect Francisco Ramos de Azevedo and inaugurated on January 25, 1933 as a wholesale and retail post specializing in fruits, vegetables, cereals, meats, spices and other food products.

Ranzini, who also participated in the construction of the São Francisco Law School, utilized a mix of Ionic and Doric columns on the municipal market.

Sorgenicht is noted for his work the windows of the São Paulo Cathedral and 300 other Brazilian churches.

Unlike stained glass produced as sacred works, the windows of the market depict various aspects of food production in the greater São Paulo region.

A new 2,000 square metres (22,000 sq ft) mezzanine with eight restaurants, new exterior lighting, and the replacement of the market floor with granite slabs were completed by August 2004.