The Palace is considered one among the best samples of the late 16th century architecture of private buildings. It is located in the North of the town, in via del seminario. The Palace was built by the Corradi, a noble family then married into the Landi. In 1712, the building was acquired by the Bishop of Todi, Filippo Antonio Gualtiero from Orvieto. From 1711 to 1720, the Palace turned into the seminary of the town, replacing the older one, which was not adequate enough by then.
The building is also called Palazzo del Vignola, whom the majestic travertine gate decorating the facade is attributed to. It was changed several times, until the latest internal and external renovation works carried out by Bishop Alfonso Maria de Santis in 1954.
The Palace was the protagonist of some Todi tragic news, as well: on 25 April 1982, a devastating fire caused the death of thirty-two people, whose memory is kept in a gravestone placed on the main facade.
Currently the Palace is mainly used as an exhibition centre. The antique exhibition is the most popular one: taking place every year at the end of April, the majority of collectors, not only from Todi, long for it.