The Fondaco dei Tedeschi in Venice to Close

Discover the history and future of the Fondaco dei Tedeschi

The Fondaco dei Tedeschi, a luxury shopping center and cultural hub near the Rialto Bridge, is set to close its doors in 2025. The venue, which has been a cornerstone of Venice's modern retail and exhibition landscape, will remain open until early 2025 before beginning the process of dismantling its operations. The lease is set to expire by September of that year, marking the end of an era for this iconic location.

Managed by DFS Group, a Hong Kong-based luxury retailer controlled by LVMH under the leadership of Bernard Arnault, the Fondaco dei Tedeschi has been a part of Venice’s commercial life for the past eight years. It opened in 2016 following a major restoration of the historic Fontego dei Tedeschi, one of Venice’s most prestigious landmarks. The decision to cease operations reflects a shift in the use and vision for the property, leaving its future tenants with the challenge of reimagining its expansive spaces.

FONDACO DEI TEDESCHI - PHOTO GALLERY 

---

A Glimpse into History: The Legacy of the Fondaco dei Tedeschi,

Known locally as the Fontego dei Tedeschi, this grand palace—located in the San Marco district with a prime position overlooking the Grand Canal, steps from the Rialto Bridge—has been a symbol of Venice's rich commercial past since its founding in the 13th century. The name "Fontego" derives from the agreement between Venice and German-speaking merchants, who used the building as a trade hub. By the late 14th century, it even housed the offices of the prominent Fugger family, renowned German merchants and bankers.

In 1505, a devastating fire severely damaged the building, necessitating a complete reconstruction. The project, completed in 1508 under the guidance of Girolamo Tedesco, also featured frescoes by celebrated artists Giorgione and Titian, enhancing its architectural splendor. Despite its historical prominence, like many of Venice's fonteghi, the palace was decommissioned after the fall of the Republic in 1797.

In modern times, the property became part of Poste Italiane before being sold to the real estate arm of the Benetton Group in 2008. The Dutch architect Rem Koolhaas led its transformation into a contemporary space, combining retail, exhibitions, and events.

What Lies Ahead for the Fondaco dei Tedeschi?

As the DFS Group prepares to vacate, the question remains: what will become of this vast and historically significant property? With its unique location and expansive commercial potential, the building offers endless possibilities for a new chapter. For now, visitors have until 2025 to experience this remarkable venue before it transitions to yet another phase in its storied existence.