The Palace is the first opera by the Milanese architect Giovanni Muzio, who designed it on the Prato Fiorito area in 1920 as the exhibition hall for floral exhibitions. The building measures 3750 square meters in total, distributed over two floors plus a practicable floor. For architectural shapes, the structure of the main prospect and the impressive colonnade overlaid by an eardrum recalls a fifth theatrical, while the overall image resembles that of a Palladian villa.

The Palace is now home to sports activities.