In 1842, according to the project of the Odessa architect G. Toricelli, shopping arcades were built, reminiscent of the Parisian Palais Royal and named after him. A public garden with a fountain (gardener Ludwig Leclair) was built on the territory in front of the stalls. The alleys in the park were laid out in the symbolism of the St. Andrew's cross - diagonally.
In 1845, the Zambrini confectionery moved from Deribasovskaya Street to section No. 9 of the shopping arcade. In July 1889 A.P. Chekhov visited the confectionery.
With the movement of trade to the passage on Deribasovskaya Street at the beginning of the 20th century, the architectural ensemble of the shopping malls was completely rebuilt, and the square became one of the places of recreation for the townspeople.