On the southwestern slope of Krylos mountain, near Zolotyi Tok, three springs flowed, merging into one stream. This place has long been called “Knyazha Krynytsia” (Princely Well). Since water on the mountain top lies at a depth of more than 20 m, these springs, since princely times, were the main supplier of water to the inhabitants and defenders of the Halych citadel. The water in the well is considered healing. According to legend, water from this well healed wounded warriors and gave strength to the city’s defenders. Preparing for the celebration of the 1100th anniversary of Halych, Lviv restorers brought back to life a witness of distant centuries. In 1998, on the feast of Epiphany, Bishop-Ordinary of the Ivano-Frankivsk Greek-Catholic Eparchy, Kyr Sofron Mudry, consecrated the new structure of Knyazha Krynytsia, made of hewn stone according to the design of architect Z. Sokolovsky.

The structure is made in the form of a round rotunda-pavilion built of profiled stone blocks (sandstone) with a domed copper sheet roof, crowned with an iron cross. Dimensions: diameter – 2.80 m, height – 4.60 m. The project is based on the features of the planning and construction of Halych rotunda churches of the XI-XII centuries.