Britain's Bourse, also known as the New Exchange, was a shopping arcade located on the Strand, London opened by James I in 1609.[1][2][3] It was demolished in 1737.[4]
History
Inigo Jones submitted a design, but these were not used. It was built by Sir Robert Cecil, 1st Earl of Salisbury. Building commenced on 10 June 1608. The site had previously been occupied by the stables of Durham House, now 52 to 64 Strand.[5] Salisbury faced some opposition from shopkeepers who petitioned the Lord Mayor, and in July 1608 he drafted a response comparing complaints about his "handsome range" to objections that could have been raised in 1570 about the founding of Sir Thomas Gresham's Exchange.[6]
It primarily catered for women providing not only fashionable clothes and millinery, but also ornaments and items of furniture. However it also included several bookshops.[4] Along with the Royal Exchange it provided one of the major shopping centres in London, particularly after the Fire of London.[4]
"The building has a facade of stone, built after the Gothic style, which has lost its colour from age and become blackish. It contains two long and double galleries, one above the other, in which are distributed in several rows great numbers of very rich shops of drapers and mercers filled with goods of every kind, and with manufactures of the most beautiful description. These are for the most part under the care of well-dressed women, who are busily employed in work, although many are served by young men called apprentices."[4]
References
^Weale, John (1854). Pictorial Handbook of London: Comprising Its Antiquities, Architecture, Arts, Manufacture, Trade, Social, Literary, and Scientific Institutions, Exhibitions, and Galleries of Art : Together with Some Account of the Principal Suburbs and Most Attractive Localities. London: H.G. Bohn. pp. 366-377 [1].
^ abBoehm, Wholelotof (6 January 2018). "Britain's Bourse". Backwards Through a Tudor Telescope. Retrieved 28 April 2018.