Montgomery Street

Looking south down Montgomery Street from Telegraph Hill through the Financial District

Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States.

It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. South of Columbus Avenue, Montgomery Street runs through the heart of San Francisco's Financial District and contains one of the highest concentrations of financial activity, investment business, and venture capital in the United States and the world. For this reason, it is known as "the Wall Street of the West".[1][2] South of Market Street, the street continues as New Montgomery Street for two more blocks to terminate at Howard Street in the SOMA district.

History

Looking north from Market Street up Montgomery Street towards the Transamerica Pyramid. In the foreground is the flagship branch of Wells Fargo Bank.

In the 1830s, the land which is now Montgomery Street lay at the edge of San Francisco Bay.[3][4] Intense land speculation during the Gold Rush created a demand for more usable land in the rapidly growing city, and sandy bluffs near the waterfront were leveled and the shallows filled with sand (and the ruins of many ships) to make new building lots. Between 1849 and 1852, the waterfront advanced about four blocks.[5] At present, Montgomery Street is about seven blocks from the water.

The corner of Montgomery and Clay is where John B. Montgomery landed when he came to hoist the U.S. flag after the Bear Flag Revolt of 1846. In 1853 the Montgomery Block, a center of early San Francisco law and literature, was built at 600 Montgomery, on land currently occupied by the Transamerica Pyramid.[4]

Offices

Montgomery Street building, 1940

Many banks and financial-services companies have had offices in the buildings on or near Montgomery Street, especially between Market Street and Sacramento Street:

High-rises

Notable high-rises and skyscrapers along Montgomery Street in the Financial District:

A building bearing the name of One Montgomery Tower is located at the intersection of Post and Kearny streets, behind the Wells Fargo flagship branch and Crocker Galleria.

Public transit

Montgomery Street is served by the BART and Muni Metro Montgomery Street Station.[11]

References

  1. ^ "F-Market & Wharves Streetcar Line - Market Street Railway". Retrieved 2010.
  2. ^ Prentice, Carol S. (2006). "Walk 3:Montgomery Street to Jackson Square". 1906 San Francisco earthquake centennial field guides. Geological Society of America. p. 17. Retrieved 2010.
  3. ^ "San Francisco - Before the Gold Rush - 1847". Retrieved 2010.
  4. ^ a b "Office of Historic Preservation: San Francisco". Retrieved 2010.
  5. ^ City of San Francisco and its Vicinity California (Map, 1853)
  6. ^ "EDGAR Online: Wells Fargo & Co/MN (WFC) - 8-K - 7/27/2010". Retrieved 2010.
  7. ^ "555 California St., San Francisco, CA". Retrieved 2010.
  8. ^ "Transamerica Pyramid". Retrieved 2010.
  9. ^ Crovo, Lisa. "When Renovation Meets Litigation -- And the Trash Piles Up". San Francisco Coastnews. Retrieved 2013.
  10. ^ Davis, Lisa (12 April 2000). "Battle Belli". San Francisco Weekly. Retrieved 2013.
  11. ^ "BART - Montgomery St". Retrieved 2010.

Coordinates: 37°47?43?N 122°24?11?W / 37.79528°N 122.40306°W / 37.79528; -122.40306


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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