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Magnificent Site! The Palace of Culture and Science is located in the heart of Warsaw. This 42-story building is one of the tallest in Warsaw. The Palace, a gift from the Soviet Union, was originally named after Josef Stalin. Construction began in 1952 and it was not completed until 1955. The Palace symbolizes the Polish-Russian friendship. Until 1990 the Palace held the name of the Soviet dictator Josef Stalin. There is a visitors' terrace on the 30th floor of the palace, which boasts spectacular views of the whole city. The Palace is home to Poland’s stock market. It also houses numerous institutions, such as cinemas, theaters, museums, offices, restaurants and cafes. One wing is occupied by the “Palace of Youth,” which includes a cultural center equipped with several arts and crafts studios, a sports-hall, and swimming pool. 
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