Particularly revered was considered the place on the left bank of the Great River, opposite the Kremlin, where the blessed princess, in memory of the wonderful vision, put an oak cross. Later, Olgin's cross was transferred to the Trinity Cathedral, and in ancient times, the chapel of St. Olga of Russia was erected on the precipice of the steep zavilitsky shore. A transparent fount, called Olgin's well, was knocked out from under it.
This chapel, for several centuries, was repeatedly renewed and rebuilt, survived many wars.
In 1935, the chapel was closed. In the 1960s, it was not restored and demolished.
The revival of the chapel became possible in 1999-2000. It is located on the left bank of the Great River opposite the Kremlin. Placed on an artificial platform, built into the steep bank of the Olginskaya embankment in the alignment of ul. Paromenskoy. The solemn consecration of the chapel took place on July 24, 2000.