Though pieces of the obelisk had been found in the 14th and 15th centuries, serious excavation was only made possible under Pope Sixtus V. The three pieces of the Lateran obelisk were dug up in 1587, and after being restored by architect Domenico Fontana, the obelisk was re-erected approximately 4 metres (13 ft) shorter. When it was erected near the Lateran Palace and basilica of St. John Lateran on 9 August 1588, it became the last ancient Egyptian obelisk to be erected in Rome. Its location was formerly the spot where the equestrian statue of Marcus Aurelius stood until 1538, when it was relocated to decorate the Piazza del Campidoglio on Capitoline Hill.