The Exchange Coffee House (1809-1818) was a hotel, coffeehouse, and place of business in Boston, Massachusetts, in the early 19th century.
Designed by architect Asher Benjamin, the Exchange Coffee House was located at Congress Square on Congress Street, and in its day it was the largest building in Boston and one of the tallest buildings in the northeastern United States. Andrew Dexter Jr. financed the project. Dexter resorted to financial fraud to see the construction to completion, and fled to Nova Scotia to escape prosecution and his creditors.
The Exchange Coffee House stood seven stories high and contained a five-story atrium. There were more than 200 rooms, including sleeping chambers, the public parts of the hotel, and kitchen facilities. [1]
The completed building passed to a succession of owners, who attempted to run it profitably, including Gilbert & Dean.
The Exchange Coffee House burned down in November 1818. Its owners and financial backers lost most of their investment, amounting to hundreds of thousands of dollars. [2] [3]