The article presents a preliminary report on the new excavations conducted at the site of Birkat al-Hamrah during the years 2023–2024. The site is located at the southern outlet of the Tyropoeon Valley and is bordered on the east by a large and ancient dam wall, remnants of which had been partially uncovered in earlier excavations. The excavation revealed that the monumental staircase previously uncovered by Ronny Reich and Eli Shukron in the northern part of Birkat al-Hamrah does not continue southward into the central topographic depression of the pool. The excavators propose a possible connection between the remains and an entertainment structure constructed by King Herod as part of the The “five-year period” games celebrations in honor of Emperor Augustus.