Emperor Ferdinand II feared Albrecht von Wallenstein's calculating mind and had him assassinated in 1634 in the town of Eger (now Cheb).
After the Second World War, the palace became Czechoslovak state property and was renovated to house government offices.
The Florentine Giovanni de Galliano Pieroni (1586-1654), engineer and army colonel, played an important role in the construction.
Pieroni studied the design of the new part to Wallenstein's Castle in Jičín and the church of St. Jacob there, and the garden, Sala Terrena, and Riding School are attributed to him.
The Italian style garden includes an aviary, a grotto, and a fountain by Adrian de Vries (c.1545-1626).
Wallenstein would have dined in the huge sala terrena (garden pavilion) that looks out over fountain and rows of bronze statues.
The main wing of Wallenstein palace was largely a reconstruction of the Trcka residence that runs 60 meters along Valdstejnske namesti.
Initially, in keeping with the architectural style, the Main Hall was decorated with tapestries and furniture ordered from Italy and the Netherlands.
The stucco work depicting weapons, war trophies and musical instruments were probably made by Santino Galli and Domenico Canevalle.
This is original façade was altered in the mid nineteenth century to include marble portals from the Cerninsky palace and the entire hall was rebuilt as a barracks.
A door leading from the Audience Chamber to a staircase was preserved from the Trèkovský dùm, one of the original properties on the site.
The mythological corridor also has murals depicting planet motifs and legends such as Mercury & Argus, Diana and Acteon, Perseus killing Medusa, Callisto metamorphosed into a bear, and the Rape of Europa.
The palace chapel is two stories high and richly decorated with scenes from the legend of St Wenceslas.