The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor Richard Clough to act as a centre of commerce for the City of London.[1] The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. It is trapezoidal in shape and is flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the city. It lies in the ward of Cornhill.
It has twice been destroyed by fire and subsequently rebuilt. The present building was designed by Sir William Tite in the 1840s. The site was notably occupied by the Lloyd's insurance market for nearly 150 years. Today the Royal Exchange contains Fortnum & Mason The Bar & Restaurant, luxury shops, and offices.
Traditionally, the steps of the Royal Exchange are the place where certain royal proclamations (such as the dissolution of parliament) are read out by either a herald or a crier. Following the death or abdication of a monarch and the confirmation of the next monarch's accession to the throne by the Accession Council, the Royal Exchange Building is one of the locations where a herald proclaims the new monarch's reign to the public.
Italianate architecture continues the trend of asymmetrical design, romanticism, and Medieval influence — this time borrowing features from Medieval Italy. Italianate style is common up and down the East Coast and peaked in popularity between 1850 and 1880.
Italianate architecture features:
- Belvederes for natural light and airflow
- Overhanging eaves with decorative support brackets
- Tall and narrow or pedimented windows with rounded crowns
- Cast iron detailing and decor
Pattern books were becoming a popular way for craftsmen to build homes in different styles. This flexibility meant Italianate features were accessible for a variety of homes including large estates and urban townhouses.
Colonial-style houses are simple rectangular homes that became popular in the 1600s as colonists settled the East Coast. These homes have many variations due to the fact that new communities all over the world built Colonial-style homes to suit their culture.
British Colonial style is the most common and recognizable Colonial home. Its key features include:
- A side-gabled roof
- Two floors
- A centered front door
- Symmetrical windows on either side of the door
The rectangular shape and interest in symmetry are seen in other Colonial house styles, too. Materials and decorative features can vary by region, as some Colonial houses sport brick exteriors and ornate trim, while others showcase shingle siding and simple shutters.
These are also some of the cheapest types of houses to build.
Townhomes are common in cities and densely populated neighborhoods. Townhouses are tall and narrow homes designed to make the most out of vertical space without too much of a yard or garden area.
Homes are considered townhouses when they:
- Share one or two walls with adjacent homes
- Have their own entrances
- Are built with multiple floors to maximize vertical space
- Often share a similar style to their neighbors’ homes and may operate under an HOA
Townhouses can be built to mimic other architecture styles, like Italianate and Greek Revival, while maintaining the condensed, vertical floor plan.
Ranch house styles are the most searched style in the US today and are common in cities and suburbs across the country. There are various ranch house styles, including California and split-level ranch homes. The main distinguishing features between these styles are living space and home layout.
Ranch style homes feature:
- Single-story floor plans with low-pitched roofs
- Rectangular, “U,” or “L” shaped open floor plans
- Patio or deck space connected to the home
- Often includes a finished basement or attached garage
Ranch homes are the most popular homes in 34 US states — particularly in the Midwest and on the East Coast.
Mid-century Modern designs are nothing new and have influenced interior design, graphic art, and house styles. Mid-century Modern homes are designed to embrace minimalism and nature. They’re also often modeled to appeal to a futuristic or abstract concept.
Mid-century Modern homes can be identified by their:
- Flat planes and clean lines
- Monochromatic brickwork
- Asymmetrical home layouts
- Nature-inspired interior
- Interior level shifts between rooms
Mid-century architecture is still widely popular today, as are Mid-century Modern interior design and furniture trends.
Modern Tudor homes are inspired by Medieval European Tudor homes and often have a charming cottage aesthetic. They’re popular on the East Coast and in parts of the Midwest.
Tudor homes are an easy style to identify. They feature:
- Steeply pitched gable roofs
- Exposed and decorative half-timbering with stucco exterior
- Mixed-material brick or stone walls
- Casement windows in groups or with diamond shapes
The Tudor Revival reached peak popularity in the 1920s and is still widely popular today.
