Canada's most advanced trading floor, later Canada's design museum
The Design Exchange
The building at 234 Bay Street was one of the most technologically advanced stock exchanges in the world when it opened in 1937 — and became a design institution once the traders moved out.
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The building at 234 Bay Street was completed in 1937 as the second home of the Toronto Stock Exchange, in a streamlined Art Deco style, its facade featuring a sculpted frieze by Canadian artist Charles Comfort. Considered one of the most technologically advanced trading floors in the world at its 1937 opening, the building was formally designated a heritage property by the City of Toronto in 1978. The Toronto Stock Exchange itself vacated the building in 1983 for larger quarters nearby.
From trading floor to design museum
A group calling itself "The Group for the Creation of a Design Centre in Toronto" began organizing in January 1986, incorporated in 1987, and eventually became the Design Exchange, which took over the historic building in 1994 as a design museum and industry organization. The Design Exchange's dedicated public design museum component closed in 2019; the organization has continued to run design-focused public programming, including the biennial EDIT design festival, while the historic building was renovated and reopened in April 2023 primarily as an event and exhibition venue.
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Sources
- Design Exchange — Official Site
- Canadian Interiors — The End of an Era: The Newly Transformed Design Exchange
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