Inaugurated in January 2011, Palazzo Fava covers over 2600 square metres and regularly hosts national and international exhibitions such as La Ragazza con l’orecchino di perla and Da Cimabue a Morandi-Felsina Pittrice.
The piano nobile is frescoed by the Carracci's: Ludovico, Agostino and Annibale painted their first considerable fresco cycle here, commissioned by Filippo Fava in 1584. Roberto Longhi defined the building as a historical novel, based on great painting from the past that can go beyond Mannerism and communicate directly not as a book but as a window. Paintings include the episode of the Incanti notturni di Medea (Medea’s nocturnal enchants), considered the first modern nude in art history by art historian Andrea Emiliani.
Palazzo Fava dates back to Medieval times, restored by the Fava family who purchased it in 1546. The current appearance took form in the Renaissance.
The Fava’s are one of the most ancient families in the city, with a lively history characterised by figures who distinguished themselves for literature, sciences and political life since the very beginning. In 1579, Filippo Fava married Ginevra Orsi and, in 1584, he appointed Ludovico, Annibale and Agostino Carracci to decorate the hall and rooms of the piano nobile. After the Fava-Ghisilieri's, the ownership passed on to the Medica family and then to Grand Hotel Majestic (known as Baglioni in previous times). In 2005, the complex was bought by Fondazione Cassa di Risparmio in Bologna. After being restored, it was handed back to the city as a Palazzo delle Esposizioni.