Palazzo del Credito Italiano, Renaissance Revival palace in Milan, Italy
Palazzo del Credito Italiano is an eclectic palace on Piazza Cordusio in Milan, built between 1901 and 1902 by Luigi Broggi. Its slightly concave facade follows the elliptical shape of the square. The building has five floors, and the main entrance consists of three doors topped by arches and framed by four Ionic half-columns. The old Magazzini Contratti facade is still visible on Via Tommaso Grossi.
Luigi Broggi built the palace between 1901 and 1902 to complete the elliptical Piazza Cordusio, and it was inaugurated on 25 August 1902. It housed the Direzione generale of the Credito Italiano bank until September 2013, when the headquarters moved to César Pelli's Torre UniCredit at Piazza Gae Aulenti. In spring 2015 the building was sold to the Chinese Fosun group, and since 2017 it has been under renovation.
The palace served as headquarters for a major credit bank and demonstrates how financial institutions of the early 20th century displayed their power and stability through grand architecture. The ornate facades were designed to inspire confidence and reflect the economic influence these organizations held in the city.
The building sits at a central intersection in Milan with good accessibility via public transportation and close to walkable areas. The location offers clear sightlines for exterior observation and photography, particularly during morning and afternoon hours.
The building incorporates the older Magazzini Contratti, whose facade still stands on Via Tommaso Grossi; the restoration of that facade is visible from the street. Since 2017 interior reconstruction has been under way, and in spring 2015 the former headquarters was sold to the Chinese Fosun group.
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