This paper discusses the long-term vision of the historic city development, where buildings assume a new function over time. The discussion is based on the example of Palazzo Querini Stampalia and Fondaco dei Tedeschi – two monuments restored to Venice in a new, different role. In the comparative analysis of the transformation of the buildings, particular attention was paid to the cultural, social and economic context of the city. This article aims to review the strengths and weaknesses of the new-use scenarios, outlining the renovation of the monuments and its added value for cities. The author concluded that no matter what the new function of the building is, it is worth renovating them, because this way the heritage can survive and this should be the central objective of a long-term vision.