The residence gets its name from the nearby St Wenceslas Church (kostel sv. Václava), which is the dominant feature of the pleasant náměstí Svatopluka Čecha. The church is considered by experts to be one of the best Functionalist ecclesiastical buildings in the Czech Republic.
The building, the construction of which was completed in the year 1910, is currently undergoing extensive reconstruction. The goal of the reconstruction of the building is the development of its interior spaces, the adaptation of the layouts to meet the current operational demands and the improvement of the technical characteristics of selected structures. Thus the reconstruction will include the renovation of the building’s common spaces while using the existing decorative tiling, repairs to the replicas of the entrance doors to the flats, new windows, insulation of the building’s courtyard façade, renovations of the street-front façade, the installation of a new exterior hydraulic elevator connected to the landings, the building of a new central gas boiler on the first underground level and the overall improvement of the cellar spaces on the first underground level with the construction of cellar stalls. All of the windows to the flats from the courtyards will be French windows. The colour of the façade will be ochre/beige (respecting the original colour).
There will be one- to five-room flats available here with kitchenettes. All of the flats will have a new terrace or balcony facing south.