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.
Mediterranean home styles are made of stucco, so they’re most common in warm climate states like Arizona and California. These homes grew in popularity in the 1920s and ‘30s after being featured as homes for the rich and famous on the silver screen.
Mediterranean-style homes include Spanish and Italian architectural elements. These key features make them easy to spot:
- Stucco walls painted white or brown
- Classic red tile roofs
- Arched doorways and windows
- Ornamentation including wrought iron, heavy doors, and decorative tiles
Mediterranean homes still carry the feelings of class and luxury they were built with over 100 years ago, with an added element of history and charm.
Contemporary homes resemble the modern homes of the mid-20th century with a renewed emphasis on sustainability. Current contemporary styles are rooted in minimalism, which you can see in these key features:
- Asymmetrical exterior
- Clean lines
- Open floor plan layout
- Geometry highlighted in its structure
- Sustainable building materials and features
Contemporary homes aim to find beauty in a simple and appealing design with ties to nature and more warmth than modern home styles offer.
Prairie-style homes were made famous by the architect Frank Lloyd Wright. These homes celebrate and complement the natural beauty of the Midwestern landscape with low and long shapes in the floor plan and building elements.
Prairie-style houses showcase:
- Long and low-to-the-ground builds
- Flat or shallow roofs with overhanging eaves
- Thin bricks or stucco exteriors to match the house shape
- Minimalist yet stylized ornamentation
Prairie houses inspired the flat planes and natural elements popular in Mid-century houses.
A French Country home has a rustic yet upscale charm. French Country architecture is designed after French chateaus and became popular with American soldiers returning from World War I.
French Country homes offer a unique house style featuring:
- Steep pitched or hipped roofs
- Tall ceilings and windows
- Traditional materials including clay, stone, and brick offer a rustic appeal
- Exposed wooden beams in ceilings and walls
French Country homes are designed with their environment in mind. They often feature neutral colors with soft, nature-inspired pops of color like sunshine yellows and grass greens.
Modern home design became popular in the early 20th century and has a heavy influence on today’s contemporary designs. The core of modern designs can be seen in their:
- Use of geometric shapes
- Large, floor-to-ceiling windows
- Clean lines and flat roofs
- Open floor plans
These styles attempt to connect with nature through minimalism and fluid design between outdoor and indoor spaces. Modern house styles branch into a few key sub-styles.
Cape Cod homes are similar to the British or American Colonial homes, though they originated further north in Cape Cod, Massachusetts. These are often seen as the classic American family home since the style’s revival in the 20th Century.
Cape Cod homes are identified by their:
- Shingle exteriors
- Modest size and ornamentation compared to British Colonial homes
- Originally single-story homes
- Large central fireplaces
- Attic lofts (20th-century revival)
- Dormer windows (20th-century revival)
Cape Cod homes are built of local wood and stone to withstand the north-eastern weather. This exterior weathering provides an iconic weathered-blue color to these homes.
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.