Few people guess that the name of the Palace is in no way connected with Peter I the Great or St. Petersburg. The fact is that the Palace was built on the lands belonging to the High-Petroff Monastery, which in turn was named after the Metropolitan of Kiev, Vladimir and All Russia Peter.
Why is Petroff Palace sometimes called by Russians as a "Petroff Reception Palace"? The answer hides in the history, since, as the most magnificent building on the way of the imperial family from St. Petersburg to Moscow, the Palace was also the last stop of the Russian royals on the "porch" to Moscow. This explains the etymology of the name.