Market Square is a historic district and pedestrian mall located in downtown Knoxville, Tennessee, United States. Established in 1854 as a market place for regional farmers, the square has developed over the decades into a multipurpose venue that accommodates events ranging from concerts to political rallies, and has long provided a popular gat…Market Square is a historic district and pedestrian mall located in downtown Knoxville, Tennessee, United States. Established in 1854 as a market place for regional farmers, the square has developed over the decades into a multipurpose venue that accommodates events ranging from concerts to political rallies, and has long provided a popular gathering place for artists, street musicians, war veterans, and activists. Along with the Market House, Market Square was home to Knoxville's City Hall from 1868 to 1924. Market Square was listed on the National Register of Historic Places in 1984.