The tobacco warehouse P (Greek alphabet Π), one of the many tobacco warehouses of Xanthi, owes its name to the shape of its floor plan. It was probably built in 1890 to house the offices and warehouses of the Ottoman tobacco monopoly Régie Co Intéressée des Tabacs de l'Empire Ottoman based in Istanbul. From the name of the company derives the second name by which it is known today.
The operation of the tobacco warehouse was stopped in 1912 during the First Balkan War when Xanthi was occupied by the Bulgarian army. After the liberation of the city, it housed various services and institutions. Today it houses cultural institutions of the Municipality of Xanthi and the Foundation of Thracian Art and Tradition.
The Foundation of Thracian Art and Tradition was founded in 1998 is active in culture and education. It hosts art exhibitions, lectures on various subjects, concerts, workshops for children and adults in various arts. It also organizes social tutorials, operates as a Vocational Training Centre in many fields. The premises are also home to an art conservation workshop.
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