The Valencia terminus was at Camoruco, 3 km from the city center, and plans were made for a tramway (initially horse-drawn) to the Plaza Bolívar.

The main feature is a marble column (called a monolito in Spanish) surmounted by a bronze statue of Bolívar.

Work on the column was endorsed by General Hermógenes López, governor of Carabobo State, who succeeded Guzmán Blanco as president of Venezuela during a transition period in 1887/1888.

[4] The sculptor Rafael de la Cova, who studied in Europe in the 1870s, is credited with bas-reliefs depicting the battle of Carabobo at the base of the monument.

The statue depicts Bolivar pointing south-west towards the battlefield of Carabobo, his famous victory of 1821 in the Venezuelan War of Independence.