The City of Venice acquired the former factory space from the Gardini group in the early 2000's.
With the support of an EU Grant, in 2008 the City of Venice restored the complex, bringing the church apses and their XVII century frescos back to life.
The restoration created a startup incubator space with 36 modern offices in the Church and in the adjoining Warehouse (deposito).
In 2017, the City of Venice issued a Request for Proposals (RFP) to manage the incubator.
SerenDPT won the RFP and will operate the space until 2027.