In 1999, a competition was announced for the design of a memorial chapel, which took place in two stages. Ten projects participated, and the winner was the work of architect G. I. Vinogradov with the involvement of A. Porozov.

Initially, it was planned to place the chapel on a small triangular site between Mayakovsky and Burmagin streets and the Vologda River. However, it was later decided to move it closer to the Sofia Cathedral, on a plot between the VRZ park and the Vologda River.

The laying of the chapel took place on January 7, 2001, on the day of the Nativity of Christ.

The architecture of the chapel resembles ancient Russian architecture of the 14th-15th centuries, making it similar to the nearby Sofia. The chapel has three open walls, while the fourth features a mosaic image of the Vladimir Mother of God with the infant, created by artist Vladimirskiy. The entrance to the chapel is closed with wrought iron grilles designed according to the sketches of architect A. V. Borisovsky, who also developed the sketch of the cross, made using hot forging with elements of stamping and decorative embossing. The area around the chapel is well-maintained.

The construction of the chapel was funded by donations from the residents of Vologda, enterprises and organizations, as well as parishes of the Vologda diocese. The consecration of the chapel took place on July 7, 2002, with a large gathering of people. In the niche of a concrete bench, covered with an informational plaque, a metal capsule containing a list of all donors' names was placed for eternal storage.

The chapel is attached to the Pokrovsky Archierial Courtyard, and services are held on festive days at the site near the memorial chapel.