Story: City history and people

Princes Street, Dunedin, around 1870 (2nd of 2)

Princes Street, Dunedin, around 1870

By 1870, the wealth from Otago’s gold rushes had seen Princes Street’s simple wooden buildings replaced by more ornate stone structures. Footpaths had been put down and street lighting installed.

The area became the city’s financial district. The substantial three-storey buildings are the banks of New South Wales and Otago. The structure with the clock tower is the Exchange Building, which housed the post office and stock exchange. Although this building was demolished in the 1960s, the area is still known as The Exchange.

Using this item

Alexander Turnbull Library
Reference: 1/2-004505; F

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

All images & media in this story

How to cite this page:

David Thorns and Ben Schrader, 'City history and people - Towns to cities', Te Ara - the Encyclopedia of New Zealand, (accessed 22 May 2022)

Story by David Thorns and Ben Schrader, published 11 Mar 2010