Edificio vs. palazzo

The Italian words 'edificio' and 'palazzo' both refer to buildings, but they have distinct uses and connotations in the Italian language.

Edificio

'Edificio' is a general term for any type of building or structure. It can be used for residential, commercial, or industrial buildings of various sizes.
L'edificio scolastico è stato recentemente ristrutturato.
(The school building was recently renovated.)
Hanno costruito un nuovo edificio per uffici nel centro città.
(They built a new office building in the city center.)
L'edificio industriale ospita diverse fabbriche.
(The industrial building houses several factories.)

Palazzo

'Palazzo' typically refers to a large, impressive building, often with historical or architectural significance. It can also mean a multi-story apartment building in modern usage.
Il Palazzo Vecchio è uno dei simboli di Firenze.
(The Palazzo Vecchio is one of the symbols of Florence.)
Vivo in un palazzo di dieci piani nel quartiere residenziale.
(I live in a ten-story apartment building in the residential area.)
Il palazzo del governo è sorvegliato 24 ore su 24.
(The government palace is guarded 24 hours a day.)

Summary

While 'edificio' is a broad term for any building, 'palazzo' typically implies a grander or more significant structure, or a multi-story residential building in modern contexts. 'Edificio' is more neutral and widely applicable, whereas 'palazzo' often carries connotations of size, importance, or historical value.