Lonja de la Seda
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How it came to be
In 14th-century Valencia, silk was traded in the old Oil Exchange. Work on a new exchange began in 1482 under the architect Pere Compte. Its design owed much to the exchange in Palma de Mallorca built by Guillem Sagrera in 1448.
The Trading Hall fills almost half the building. Slender twisted columns rise nearly 16 metres to carry the cross vaults, and a Latin inscription running round the walls says the house was built in fifteen years. A side wing housed the Consulate of the Sea, the first maritime commercial tribunal in Spain.
The building was finished in 1533 and decoration went on until 1548. It later served as a silk exchange, which gave it its name, La Lonja de la Seda. It was declared a national monument in 1931 and inscribed in 1996.
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