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Construction of the Palace (also known as the People's House) began in 1983, the official inauguration attended by Ceausescu himself took place on the 25th of June 1984.
The building has a developed area of 365,000 square metres (3,930,000 sq ft), making it the world's second-largest administrative building, after The Pentagon, and in terms of volume, with its 2,550,000 cubic metres (90,000,000 cu ft), it is the third most massive, after the Vehicle Assembly Building of the John F. Kennedy Space Center in Florida and the Temple of the Feathered Serpent in Teotihuacan, Mexico. For comparison, it can be mentioned that the building exceeds by 2% the volume of the Great Pyramid of Giza, and therefore some sources label it as a "pharaonic" construction.
In terms of weight, the Palace of the Parliament is the heaviest building in the world, weighing in at around 4,098,500,000 kilograms (9.0356×109 lb).
The Palace is open for visit being one of the main attractions in Bucharest.
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