Historically speaking, it is certain that until 1561 it was the seat of public schools of fine arts, linked to the Studium of Ferrara, later partially destroyed by fire.

[1] During the 19th century, the palace underwent major renovation by architect Giovanni Tosi, who transformed the previous historical loggia, giving it a neoclassical appearance that it still retains, and arranged some shops inside.

[2] In the middle of the 1970s, work began to restore the ancient portico, but the operation was suspended after a short time due to various difficulties related to the property, although in the meantime the 18th-century pictorial and decorative elements were recovered, by Giuseppe Facchinetti and Francesco Pellegrini.

In 1675 the façade was frescoed (but such work was lost in the 19th century), above the loggia, by Francesco Ferrari, who depicted Charlemagne on a throne flanked by paladins on horseback.

Together with Gaetano Davia, he therefore chose a number of illustrious men from Ferrara to be celebrated: Ludovico Ariosto was placed in the centre and Brizio Petrucci, Alfonso Lombardi, Benvenuto Tisi da Garofalo, Antonio Foschini, Teodoro Bonati and Leopoldo Cicognara were placed on the sides.