It was like the idea behind a lot of startups: "We're gonna bring a lot of really talented people together in the same space to collaborate, and just see what happens."
In another galaxy far, far away, the palace ended up as .jabba, a trendy coworking cafe. You had Boba Fett hacking away in the corner on his space-food delivery startup (bounty hunting's the day job), jawas on their ridesharing service (can't ever understand the damn drivers), C-3PO his AI blockchain chatbot, etc.