The square was planted with trees but was virtually used as a parking lot into the 1970s. After repairs of the damage caused in 1973 to La Moneda was completed in the early 1980s, the square was rebuilt to a design by Cristián Undurraga and Ana Devés, completed in 1983. Paths, grass, trees, a paved area, and underground parking, were built, and the statue of Portales was relocated to the north end.
