The façade is hinged between two turrets and has a porticoed ground floor for access to the water, one of the largest in Venice and second only to that of Palazzo Ducale; this characteristic and common feature of the warehouses (Fontego in Venetian) performed the important function not only of warehouse but also of loading and unloading of goods.
The palace was built on the initiative of the merchant Giacomo Palmieri, a rich merchant founder of what was to be the Pesaro family.
The prestige of the residence reached the point that the Venetian Signoria in 1300 even
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