Exchange Place is a modern
skyscraper
A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ri ...
located at 43–53 State Street or 1 Exchange Place, between Congress and Kilby Streets, in the
Financial District
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies and other related finance corporations have their head offices. In major cities, financial districts are often home to s ...
of
Boston, Massachusetts. Built in 1981–1985, it is Boston's
14th tallest building, standing 510 feet (155 m) tall, and containing 40 floors. It rises out of a previous building, the 12-story Boston Stock Exchange, built in 1889–1891 and designed by
Peabody and Stearns
Peabody & Stearns was a premier architectural firm in the Eastern United States in the late 19th century and early 20th century. Based in Boston, Massachusetts, the firm consisted of Robert Swain Peabody (1845–1917) and John Goddard Stearns ...
. The intent was to demolish the older building in order to construct the skyscraper, but preservationists succeeded in rescuing a portion of the Stock Exchange's facade.
Brookfield Office Properties, which had previously purchased the building from Harold Theran in 2006, sold Exchange Place to
UBS Realty Investors LLC in 2011. It is home to the
Boston Consulting Group
Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (management consultancies), Big Three (or MBB, the world’s three larges ...
, advertising agency
Hill Holliday, marketing agency
Optaros, software company
Acquia,
Hachette Book Group
Hachette Book Group (HBG) is a publishing company owned by Hachette Livre, the largest publishing company in France, and the third largest trade and educational publisher in the world. Hachette Livre is a wholly owned subsidiary of Lagardère G ...
, the
Macquarie Group
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's ...
,
The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate ...
, and
AllianceBernstein
AllianceBernstein Holding L.P. (AB) is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors.
AllianceBernstein's headquarters are located in Nashvill ...
. In June 2017, ''
The Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Glob ...
'' moved into Exchange Place from its longtime headquarters on
Morrissey Boulevard in
Dorchester, Boston
Dorchester (colloquially referred to as Dot) is a Boston neighborhood comprising more than in the City of Boston, Massachusetts, United States. Originally, Dorchester was a separate town, founded by Puritans who emigrated in 1630 from Dorchester ...
.
The original Exchange Building was designated a
Boston Landmark
A Boston Landmark is a designation by the Boston Landmarks Commission for historic buildings and sites throughout the city of Boston based on the grounds that it has historical, social, cultural, architectural or aesthetic significance to New Engla ...
by the
Boston Landmarks Commission The Boston Landmarks Commission (BLC) is the historic preservation agency for the City of Boston. The commission was created by state legislation i1975
History
Urban renewal in the United States started with the Housing Act of 1949, part of Presid ...
in 1980.
See also
*
List of tallest buildings in Boston
References
External links
Exchange Placeat
Emporis.com
Emporis GmbH was a real estate data mining company that was headquartered in Hamburg, Germany. The company collected data and photographs of buildings worldwide, which were published in an online database from 2000 to September 2022.
On 12 Sept ...
{{Boston skyscrapers, state=collapsed
Brookfield Properties buildings
Office buildings completed in 1985
Skyscraper office buildings in Boston