Today, it has no regular market square activity but Puutorin puolesta ry organises different events there each year.
The area was known as Onnettomuudenmäki ("Accident Hill") because the Great Fire of Turku started at Aninkaistenmäki.
Old clothing retailers, who had been driven out of the deserted plot that was then bordered by Aurakatu, Venäjänkirkkokatu and Puolalankatu, came to Puutori.
The Puutori open area was called Finland's largest flea market in the 1960s but due to overcrowding and an underground car park built in the early 1990s, the square gradually became depopulated.
After Puutori became inactive and desolate, the organisation 'Puutorin puolesta was established to revive the square.
In addition to this, a flea market is set up on Saturdays during summertime, bringing in crowds of people.