Until the end of the 19th century, the place where the park is located was a water reservoir (the so-called Pond on the Łódka River). When the reservoir was drained and the river flowing there was turned into a channel, the area was built-up. 
In 1941, the occupation decided to demolish some of the buildings in order to outline the southern border of the Łódź ghetto. But after the war, in 1951–1953, the place took on new life when officials decided to create a green space – needed, amongst the brick and concrete buildings of Lodz. 
Traditionally, this area is called "Lost Quarter". The park has a pond on the Łódka River, a sculpture of Henryk Burzec, a sundial and a statue of the Decalogue (Moses) on the eastern side, and a fountain, a statue of Aleksander Kamiński and chess tables on the western side. The park is colloquially called the "herring park". The name probably comes from the fish market located in this place before World War II.