Its location between the historic and commercial centres of the city makes it a popular area to walk through.

[1] The statue "Maternity" (La Maternidad) by Colombian-artist Fernando Botero is located in the plaza.

The square has had at different times the names 27 March, General Ordóñez, Republic, and Generalissimo and Escandalera.

It has also had other name proposals such as Independence, General Meeting, and Plaza of the Heroes Noval and Ordóñez.

At the time, Escandalera referred to the heated discussions, within the municipal corporation, in the press, and the village, as a result of the first house built in the corner of the streets of San Francisco and Fruela.