This 19th-century structure was inaugurated in 1866. In 1908, the bullring became the property of Luis G. del Valle, who undertook a reconstruction project to increase its spectator capacity. He added eight tiers of masonry seating and crowned the structure with twenty-two boxes separated by iron columns and railings.

Today, the former bullring houses a luxury hotel operated by the "Quinta Real" chain in Mexico. The site now includes a restaurant, bar, and performing arts venue, blending historical architecture with modern hospitality.