The Rialto became an important district in 1097, when Venice's market moved there, and in the following century a boat bridge was set up across the Grand Canal providing access to it. This was soon replaced by the Rialto Bridge.


The Rialto Bridge, famed for its beautyThe market grew, both as a retail and as a wholesale market. Warehouses were built, including the famous Fondaco dei Tedeschi on the other side of the bridge. Meanwhile, shops selling luxury goods, banks and insurance agencies appeared and the city's tax offices were located in the area. The city's abattoir was also in the Rialto.

Most of the buildings in the Rialto were destroyed in a fire in 1514, the sole survivor being the church San Giacomo di Rialto, while the rest of the area was gradually rebuilt. The Fabriche Vechie dates from this period, while the Fabbriche Nuove is only slightly more recent, dating from 1553. The statue Il Gobbo di Rialto was also sculpted in the sixteenth century.

The area is still a busy retail quarter, with the daily Erberia greengrocery market, and the fish market on the Campo della Pescheria.