The building has characteristics typically attributable to the construction modules of the second Renaissance and has a typically Emilian architecture.
Palazzo Pepoli was not born in the form and distributional and structural organization in which it presents itself to our eyes today, but it is a harmonious architectural project resulting from profound transformations and expansions. Its final structural determination is in fact the result of a series of important transformation works carried out over the course of over a century, between the end of the 1500s and the end of the 1600s.
Furthermore, the cellars of the Palace have highlighted complex underground brick structures, pre-existing the construction of the building and attributable to interventions carried out in different periods.
The sculptural decorations that adorn it are hypothesized to have been created by the sculptor and plasterer Giovan Francesco Bezzi, who had already collaborated with the architect Torri on some buildings in Bologna.