The temple was first built in the second year of Emperor Kangxi of the Qing Dynasty (1663) and was originally named "Three Churches". According to legend, there was a long drought in the Shengjing area at that time, and the seedlings dried up. The government posted a notice asking for rain, promising a reward of three thousand taels of silver to those who could get heavy rain. After Guo Shouzhen, the eighth generation master of the Longmen Sect who was practicing in Tiesha Mountain in Benxi, heard about this incident, he went down to Shengjing City and unveiled a notice expressing his willingness to pray for rain in Shengjing. He built a high altar in the northwest corner of Shengjing. He cast spells on the altar, and finally he brought a heavy rain, which solved the drought in the Shengjing area. When General Wu Kuli of Shengjing offered him silver, he refused to accept it. Later, Guo Shouzhen asked the government to build a temple for him as a place of spiritual practice at the place where he prayed for rain, and named it "Three Churches".
The Taiqing Palace was very small when it was first built. It was expanded and renovated in the 32nd year of Qianlong's reign to reach its current size. The temple faces north and south, covering an area of ??more than 5,000 square meters, with four courtyards in the front and rear. There is Lingguan Hall in the front yard, and Shifang Hall and Yunshui Hall on both sides. To the north is the Guandi Hall, which is built in the style of a mountain, with a green tile roof. It is three rooms wide and three rooms deep. There is a wood-carved warm pavilion in the hall, with a statue of Guan Yu in the middle, Guan Ping on the left and Zhou Cang on the right. Entering the courtyard for the second time, there are the guest hall and the heart-saving room on the east side; the deacon's room and the sutra hall on the west side; the Laojun Hall is on the north side, with a hanging flower-style wooden pavilion and a statue of Laozi in the middle. Entering the courtyard three times, there are Zhaitang and Lu Zulou on the east side. There is a statue of Lu Dongbin in Lu Zulou. On the west side are Shanggong Temple and Qiu Zulou. There is a statue of Qiu Chuji in the building. The main hall to the north is the Jade Emperor Pavilion, which is dedicated to the Jade Emperor, the highest deity of Taoism. Entering the fourth courtyard, there were original stele towers and stele stones, but the stele stones no longer exist. Guo Zu Pagoda (Guo Shouzhen's Tomb Pagoda) was later moved to Qianshan. Taiqing Palace was announced as a provincial cultural relic protection unit in 1963, and is now the seat of the provincial and municipal Taoist associations.