I. D. Berindei planned the rebuilding of the earlier princely palace, keeping its foundations and first two floors, and the infobox also lists Filip Xenopol and Grigore Cerchez. Work began in 1906 or 1907, was halted during World War I, and ended on October 11, 1925. King Ferdinand I inaugurated it a year later. The article calls the style flamboyant Neo-Gothic.
Stone blocks were replaced with lighter, cheaper materials, and some rooms used a material imitating oak. It has 298 large rooms, a floor area of 34,236 square meters, and 55-meter (180 ft) height in the infobox. A restoration that began in 2008 had its main works completed in April 2016.
It was the Administrative and Justice Palace until 1955. It now hosts four museums of the Moldova National Museum Complex.
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