Originally called Concord Square, Victory Park was laid out by the proprietors of the Amoskeag Manufacturing Company who founded Manchester, and was first used as a common area, used by abutters for gardening and grazing.

The city did not immediately act on the required conditions, but it had by the 1870s become more parklike, with a fountain and thickly-planted trees.

At 148 Concord Street stands the 1916 Manchester Institute of Arts and Science building, designed by Boston architect William G. Rantoul and built as a gift of Emma Blood French, Frank Carpenter's sister-in-law.

To the south of the park, at 129 Amherst Street, is the Classical Revival Manchester Historical Association building, also designed by Tilton.

Finally, at 111 Amherst Street stands the Tilton-designed former post office building, built in 1932.