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The Council of Ten in February 1505 entrusted the task of reconstruction to Giorgio Spavento, proto of the Basilica of San Marco and to Francesco Garzoni, Provveditor al Sal, the specific administrative supervision of the works. Since August of the same year, the collaboration of Antonio Abbondi known as Lo Scarpagnino is certain, who also supervised the finishing works, such as the design of the door towards the church of San Bartolomeo.

The citation in the Senate decree of 19 June 1505, relating to the projects for the warehouse, of a model developed by the architect of the German merchants, Hieronymus, the actual realization of his project and the role of the latter as designer still remain not fully clarified.

The renovated Fontego, with a regular square plan, consists of a large central courtyard with a portico of twenty arches on the ground floor on which three floors of open loggias rest, from a wide bank, from warehouses and shops outside, the latter however reserved for Venetian traders.

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