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Saint Jacques Street

Coordinates:45°30′21″N73°33′24″W / 45.50595°N 73.5568°W /45.50595; -73.5568
From Wikipedia, the free encyclopedia
Street in Montreal, Canada
For other uses, seeSt James Street (disambiguation) andRue Saint-Jacques (disambiguation).
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Saint Jacques Street
Saint Jacques Street inOld Montreal
Map
Interactive map of Saint Jacques Street
Native namerue Saint-Jacques (French)
Former nameSt. James Street
Part ofR-138 between Cavendish Boulevard and Saint Anne de Bellevue Boulevard
Length4.7 km (2.9 mi)
LocationMontreal
West endSaint Pierre Interchange withAutoroute 20,Lachine
Major
junctions
A-20 Saint-Pierre Interchange
A-15 Turcot Interchange
R-112 Peel Street
A-10 Robert-Bourassa Boulevard
East endSaint Laurent Boulevard,Old Montreal
Construction
Inauguration1672

Saint Jacques Street (French:rue Saint-Jacques,pronounced[ʁysɛ̃ʒak]), orSt. James Street, is a major street inMontreal, Quebec, Canada, running fromOld Montreal westward toLachine.

In 1818 theBank of Montreal built its headquarters on St James, which began the development of the street as a major financial centre. Other financial companies that established head offices on St James included theRoyal Bank of Canada,Banque canadienne nationale,Banque provinciale du Canada,Molsons Bank,Merchants Bank, Crédit foncier franco-canadien,Banque du peuple,City Bank of Montreal,Montreal City and District Savings Bank,Royal Trust Company,Crown Trust Company, andNesbitt Thomson. Numerous British insurance companies had their Canadian head offices on St James. These included the Life Association of Scotland,Liverpool & London & Globe Insurance,Yorkshire Insurance,Standard Life, Colonial Life,Guardian Fire and Life, andLondon and Lancashire Insurance. Additionally, most financial companies based elsewhere established their Montreal offices on St James.

The street is commonly known by twonames,St. James Street in English (afterSt. James's, London) andrue Saint-Jacques in French. Both names are used in English and French, although Saint-Jacques is the most common for geographical reference. St. James Street is usually used in reference to the street's historic importance as a financial district.

History

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Montreal map drawn byFrançois Dollier de Casson in 1672

A main thoroughfare passing throughOld Montreal, the street was first opened in 1672. The portion between McGill Street and place Saint Henri was originally called Bonaventure Street (rue Saint-Bonaventure). This name has passed down toPlace Bonaventure,Bonaventure Expressway, andBonaventure Metro station, despite the disappearance of their original referents.

In the second half of the 19th century and the first half of the 20th century, St. James Street was the centre of Montreal's financial district and where several major English insurance, banking, and trust companies built their Canadian head offices. Prior toWorld War I, Canadian, provincial, and major municipal governments along with important industries such as therailways,public utility andcanal companies obtained most of their capital financing in theUnited Kingdom or theUnited States. At the end of the War, St. James Street grew rapidly and although by the 1920s there werestock exchanges inToronto,Winnipeg,Calgary andVancouver, St. James Street'sstock brokerage houses and theMontreal Stock Exchange were the most important in all of Canada. At the time of its construction in 1928, theRoyal Bank of Canada'snew headquarters at 360 St. James Street was the tallest building in theBritish Empire. The St James St. area was also thehead office of the Bank of Montreal, and the informal head office of theBank of Nova Scotia. It was also home to the major brokerage houses such asNesbitt, Thomson and Company,Pitfield, MacKay, Ross,Royal Securities Corporation and others.

Some companies, past and present, located on St. James Street are:

East ofPlace d'Armes square, the street was home to two French-Canadian financial institutions, theBanque Canadienne Nationale and theBanque du Peuple, long gone now.[2]

Decline

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A number chose to gradually move their official head offices toToronto, Ontario, while others shifted all future expansion to Toronto or other major Canadian centres. As a result, the St. James Street financial district has all but disappeared.

Recent history

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Saint Jacques Street inLittle Burgundy

During the 1990s, theMontreal Expos baseball club unveiled plans to build a new stadium in downtown Montreal, right off St. Jacques Street, just south of theBell Centre. When provincial funding for the new building fell through, the Expos did not continue with their plan and sold the property to developers. That stretch of Saint Jacques is now undergoing considerablegentrification.

Today, the stretch of St. Jacques Street between McGill Street andSaint Laurent Boulevard is still notable mostly for its grandNeo-Classical buildings on the part of the street running through the Old Montreal district. These includeBank of Montreal's domedMontreal Main Branch, the former headquarters ofRoyal Bank of Canada, theCanadian Bank of Commerce, theMolson Bank and theCanada Life Insurance Company. More modern buildings include theMontreal World Trade Centre and theStock Exchange Tower.

Farther west, St. Jacques Street runs through the residential neighbourhoods ofLittle Burgundy,Saint-Henri,Notre-Dame-de-Grâce andLachine, as well as the suburb ofMontreal West, where it is instead known as Avon Road.Square-Victoria–OACI,Lionel-Groulx andPlace-Saint-Henri Metro stations are located on St. Jacques, to the west, it gives access toAutoroute 20 in Notre-Dame-de-Grâce, where it passes through a largely industrial and large-surface commercial district at the top of theFalaise Saint-Jacques. TheMcGill University Health Centre superhospital fronts Saint-Jacques in Notre-Dame-de-Grâce.

Buildings of St James Street

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The following table shows buildings on St James Street beginning at its origin at boulevard Saint-Laurent. Buildings highlighted in red are demolished.

AddressCompany/BuildingYearArchitectImage
Heading east from boulevard Saint-Laurent. (St James Street East disappeared in 1964 to make way for the newPalais de justice.)
7 St James EastCrédit foncier franco-canadien1925 (demolished 1964)Ernest Cormier and Joseph Daoust
10 St James EastTrust & Loan Company of Canada1909 (demolished 1964)Joseph Lapierre
19 St James EastChambre de Commerce1907 (demolished 1964)Cox &Amos
Heading west from boulevard Saint-Laurent
7 St JamesLa Presse1899Hutchison & Wood
10 St JamesThemis Building1927Perrault & Gadbois
33–41 St JamesCaisse nationale d'économie1938Payette & Crevier
45 St JamesAlexander Cross Building1869William Tutin Thomas
55 St JamesBanque du peuple1893Perrault, Mesnard et Venne
60 St JamesVersailles Building (Joseph Versailles)1913Ross and MacFarlane
61 St James (701 place d'Armes)Life Association of Scotland1869Hopkins & Wily
100 St James (511 place d'Armes)New York Life Insurance1887Babb, Cook & Willard
Place d'Armes intersects
105 St JamesCity Bank of Montreal1844 (reconstructed in 1888)Cane, MacFarlane & Browne
105 St JamesImperial Fire and Life Assurance Company (reconstruction of City Bank)1888 (demolished 1912)Charles William Clinton
105 St JamesRoyal Trust Company1912McKim, Mead & White with Barott, Blackader & Webster
119 St JamesBank of Montreal1845John Wells
120 St JamesLiverpool & London Fire and Life Assurance1859 (demolished 1902)Hopkins,Lawford & Nelson
120 St JamesLiverpool & London & Globe Insurance1902 (demolished 1965)Hutchison & Wood
120 St James (500 place d'Armes)Banque Canadienne Nationale1965David, Barott & Boulva
129 St JamesBank of Montreal1818 (demolished 1872)Architect unknown[3]
129 St JamesPost Office1872 (demolished 1958)Henri-Maurice Perrault
129 St JamesBank of Montreal1958Barott, Marshall, Merett & Barott
132 St JamesTransportation Building1910 (demolished 1965)Carrère & Hastings withRoss & MacFarlane
rue Saint-François-Xavier intersects
200 St JamesPost Office1853 (upper floors removed in 1911, demolished 1953)John Wells
200 St JamesKaplan Building1953
210 St JamesYorkshire Insurance1910Saxe &Archibald
214 St JamesBank of British North America1843 (demolished 1912)George L. Dickinson
214 St JamesBank of British North America1912 (demolished 1989)Barott, Blackader & Webster
215 St JamesDominion Express Company1911Edward &William S. Maxwell
221 St JamesRoyal Bank of Canada1907Howard Colton Stone
225 St JamesColonial Life Assurance1857 (demolished 1914)James Key Springle
225 St JamesNational Trust Company1914Kenneth Guscotte Rea
235 St JamesStandard Life1883 (demolished 1922)Richard Alfred Waite
235 St JamesMontreal Star1929Ross & Macdonald
240 St JamesGuardian Fire and Life1902Henry Ives Cobb with Finley & Spence
241 St JamesMontreal Star1899Alexander Francis Dunlop
244 St JamesBarron Block1870 (burned down 1896)Michel Laurent
244 St JamesLondon and Lancashire Life Assurance Company1898Edward &William S. Maxwell
249 St JamesJones, Heward & Co.1904J.-B. Resther et Fils
255 St JamesHanson Brothers1928Harold Lea Fetherstonhaugh
261 St JamesCitizens' Insurance1874 (demolished 1902)Hutchison & Steele
261 St JamesMetropolitan Bank1903Finley & Spence
262 St JamesBanque d'épargne de la cité et du district de Montréal1870Michel Laurent
265 St JamesMethodist Church1843 (demolished 1888)George L. Dickinson
265 St JamesTemple Buildings1888 (demolished 1907)Alexander Francis Dunlop
265 St JamesCanadian Bank of Commerce1907Darling and Pearson
268 St JamesCanada Life1874 (demolished 1894)Hopkins & Wily
272 St JamesS. Carsley Co. Ltd1894 (demolished 1923)Dunlop & Heriot
272 St JamesInsurance Exchange1923David Jerome Spence
275 St JamesCanada Life1894Richard Alfred Waite
288 St JamesMolsons Bank1864George Browne
rue Saint-Pierre intersects
355 St JamesMerchants Bank1870Hopkins & Wily
(corner of St James and Saint Pierre)Mechanics Hall1853 (demolished ca. 1925)Hopkins & Nelson
(corner of St James and Dollard)Bank of Ottawa1903 (dismantled and rebuilt in 1928 at 4 rue Notre-Dame est)Howard Colton Stone
360 St JamesRoyal Bank of Canada1926York & Sawyer withSumner Godfrey Davenport
361 St JamesA. & S. Nordheimer Co.1888John James Browne
373 St JamesHutchison Building1840
384 St JamesSavage, Lyman & Co.1866William Tutin Thomas
388 St JamesSovereign Bank1904Howard Colton Stone
393 St JamesCrown Trust Company1924Philip John Turner
408 St JamesOttawa Hotel1845George Browne
414 St JamesBank of Toronto1893 (demolished 1914)Taylor & Gordon
414 St JamesBank of Toronto1914 (demolished 1960)Hogle & Davis
437 St JamesEastern Townships Bank1907Cox &Amos
500 St JamesToronto-Dominion Bank1960Ross, Fish, Duschenes & Barrett
McGill Street intersects
612 St JamesImperial Bank of Canada1904 (reconstruction of Albert Building; demolished 1960)Taylor, Hogle & Davis
612 St JamesImperial Bank of Canada1960Ross, Fish, Duschenes & Barrett
614 St JamesMarcil Trust Company1919 (demolished 1937)Hogle & Davis
614 St JamesGuardian Trust Company1938Lawson & Little

Bibliography

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References

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  1. ^"Versailles Building - Montreal".
  2. ^Old Montreal Web site
  3. ^Merrill Denison,Canada's First Bank: A History of the Bank of Montreal, Volume 1, (McClelland and Stewart, 1966), 119.

External links

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Wikimedia Commons has media related toSaint Jacques Street, Montreal.

45°30′21″N73°33′24″W / 45.50595°N 73.5568°W /45.50595; -73.5568

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