Construction of the current building, designed by architect António Correia da Silva, which provided monumentality to the existing market square. Built during World War I, the project and budget for the new Bolhão Market were presented by Elísio de Melo, to whom the city owes other important urbanization projects, such as the opening of Avenida dos Aliados.
The following year, in 1915, the first shops were tendered.