Former Stock Exchange - Melbourne. Victoria
Posted by: Groundspeak Premium Member bucketeer
S 37° 49.000 E 144° 57.725
55H E 320622 N 5812569
One of, if the most striking building in Melbourne
Waymark Code: WMH9EQ
Location: Victoria, Australia
Date Posted: 06/11/2013
Published By:Groundspeak Premium Member fi67
Views: 16

The former Stock Exchange was designed by the Melbourne architect William Pitt and was constructed in 1887. The style has been labelled Free Gothic and is far less restrained than the earlier building. The facade is extremely ornate and each level has been designed differently. Pitt was one of the best known executors of this new Gothic style in Melbourne, who at the time received criticism from more conservative designers. The total cost of the building, including the land, was £254,000. Overall the land purchase and building construction were a poor investment and in 1921 the Stock Exchange, due to financial difficulties, was forced to sell its property back to the ES&A Bank for only £136,500. The main trading floor for the Stock Exchange was on the ground level in a large vaulted chamber, known as the Cathedral Room. This room was designed with the reverence and grace of a church, an impression emphasised by the vaulted roof and the stained glass windows. In 1923 the bank renovated the site to combine the stock exchange with the ajoining bank building.
The building is currently owned the the ANZ Bank.

Information taken from the heritage Victoria Website (visit link) 11/6/2013
Name: Former Melbourne Stock Exchange

Address:
376-390 Collins Street Melbourne Victoria 3000


Country: Australia

URL: [Web Link]

Is this exchange still active at this location: no

Activity Period: 1887 - 1921

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