The Boston coffee-house period reached its height in 1808, when the doors of the Exchange coffee house were thrown open after three years of building. This structure, situated on Congress Street near State Street, was the skyscraper of its day, and probably was the most ambitious coffee-house project the world has known. Built of stone, marble, and brick, it stood seven stories high, and cost a half-million dollars. Charles Bulfinch, America's most noted architect of that period, was the designer.
Exchange Coffee House, Boston, 1808, Probably the Largest and Most Costly in the World
Built of stone, marble and brick, it stood seven stories high and cost $500,000. It was patterned after Lloyd's of London, and was the center of marine intelligence in Boston
Like Lloyd's coffee house in London, the Exchange was the center of marine intelligence, and its public rooms were thronged all day and evening with mariners, naval officers, ship and insurance brokers, who had come to talk shop or to consult the records of ship arrivals and departures, manifests, charters, and other marine papers. The first floor of the Exchange was devoted to trading. On the next floor was the large dining room, where many sumptuous banquets were given, notably the one to President Monroe in July, 1817, which was attended by former President John Adams, and by many generals, commodores, governors, and judges. The other floors were given over to living and sleeping rooms, of which there were more than 200. The Exchange coffee house was destroyed by fire in 1818; and on its site was erected another, bearing the same name, but having slight resemblance to its predecessor.