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The 16th-century building was a Venetian-era Arsenal, and is the last of 17 buildings in the port. Its construction began in 1585 and was completed in 1600. During the Ottoman period in 1872 a floor was added to it. The building was badly damaged during World War II and was rebuilt in 2002.
Today the building serves as a center for Mediterranean architecture, as can be seen in the following sign: Click for a larger image
Translation of the text on the sign: European Union-ministry Of Culture Great Arsenal Rehabilitation May 2002 Minister Evangelou Venizelou & Aimarchias Georgiou Tzanakaki