Myasnitskaya Street under its founder, Prince Ivan III, was the road to the Church of the Assumption of the Blessed Virgin Mary. Under Ivan the Terrible, meat merchants appeared here, from whose labazes the street got its name. In the seventeenth century, parades and masquerades took place here, Peter the Great drove along this street from the palace to the German settlement, and all the nobility rushed to build their palaces on Myasnitskaya. In the nineteenth century, this street was inhabited by new owners — merchants and industrialists, and the industrial and commercial heart of the Russian Empire beat here. Great artists, poets and musicians also lived here. In the recent era of developed socialism, this street housed departmental institutions, cafes and bakeries.

Today it is a business district, and the building, which locals wittily dubbed the “TV House” for its original facade decor, is mainly occupied by office space. In Soviet times, the Ministry of Radio-Electronic Industry was located here. Now this building, decorated with columns made of dark red granite, houses a branch of VTB-24 Bank. The wheel of history has made another turn, and new people busily scurry behind an iron fence decorated with pentagrams.