It was built by royal command of King Chulalongkorn in memory of Prince Tribejrutama Dhamrong, his son born to Queen Saovabha Phongsri. The young prince died, at the age of seven in the year 1887. The construction was financed by the deceased prince's private fund.
Originally, it was just a length of Charoen Krung to Phahurat Roads. Later in the year 1898, King Chulalongkorn has given the extension to reach the future the foot of the Memorial Bridge, where Chak Phet Road runs through like today. The road has a total length of 650 m (2,132 ft).
In the 150th anniversary of Rattanakosin in the year 1932, King Prajadhipok (Rama VII) ordered the celebration of city and the construction of a Memorial Bridge including King Phutthayotfa Chulalok (Rama I) Statue that are directly on the end of the Tri Phet Road.