[1] The area on the left bank of the Bega Canal, near the current Stephen the Great Bridge, was initially known as Zum Grünen Anger (English: green meadow).
[3] On the corner where the palace stands today, a small building was built where the Navigation Office of the Commercial Port of Timișoara operated for a while.
[4] A heiress granddaughter of German philanthropist Anton Sailer [de] married Aladár Kuderlich, former director of the Hungarian Credit Bank, Elisabetin branch.
[6][7] The building is located on the banks of the Bega Canal, on the eastern corner of the intersection between General Ion Dragalina Boulevard and Tudor Vladimirescu Embankment.
[8] The style is historicist with neo-Romanesque and neo-Gothic decorations, having oversized gables, and the corner tower with its circular section and conical roof is of medieval inspiration.