Sněžka was built in 1812 and originally called Prager Haus. It stands on a plot number 4 and was the fourth house in Marienbad. It located in one of the highest points that form the city center. Across the street Masarykova, there is Neo-Baroque Colonnade and pavilion of the Cross Spring in Empire style.

The last reconstruction of the building was made in 2009. The reconstruction project was made by the largest architectural firm AI Design of architect Eva Jiřičná. The historical facade has been restored. Moreover, there was built sixth floor and a new atrium with a glass roof. The stairs are made of a multilayered glass and a stainless steel frame.