Having chosen a strategically important area of the city dominated by the town hall of Palazzo Marino and Piermarini’s famous Teatro alla Scala, Banca Commerciale Italiana commissioned Luca Beltrami the project of the building; then at the height of his fame, the Milanese architect had already designed the facade of 16th-century Palazzo Marino in 1886. Built between 1906 and 1911 in the neoclassical style, its architecture echoes that of the pre-existing buildings, evoking the triple section of the facade of Palazzo Marino, and, in its high ashlar pedestal in polished granite, the sequence of arches of Teatro alla Scala. Comparisons with La Scala can also be seen in the central part of the facade, where the rhythm of the gigantic semi-columns is overshadowed by the central section consisting of four ionic columns dominated by the pediment.