Exchange
Place was the non-Mormon commercial district in Salt Lake
at the turn of the century. By this time, the city had become deeply divided
into Mormon & non-Mormon camps with the Mormons and Mormon owned businesses
at the north end near the temple. Miners and mining companies were some
of the wealthiest people in the city and were decidedly non-Mormon. Mining
and the money it brought in left its mark on the city. Exchange Place
is part of that history.
The most notable structures
are the Boston & Newhouse Buildings.
Built in 1908 & 1908, they were the pinnacle of what Samuel Newhouse
had achieved. Newhouse owned what is now Kennecott Copper mine just outside
of town, (The mine is still producing and until recently was owned by
British Petroleum). Newhouse had single handedly developed exchange place,
but alas-over extended and unable to get credit during W.W.I, went broke
within about eight years of his successful venture into mining.
At 11 stories, the
buildings were Utah's first "skyscrapers". The architect for
the Boston and Newhouse buildings was a very famous Chicago architect
by the name of Henry Ives Cobbs. He had offices in Chicago and SLC. Many
of his Chicago structures are on the National Historic Register. Though
not Mormon himself, his grandmother left his grandfather and their children
to become one of Brigham Young's wives. Interesting.
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