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Philadelphia Merchants Exchange
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== Preservation == The Merchants Exchange survived the demolition that claimed much of Philadelphia's historic commercial district during urban renewal. The building's inclusion within Independence National Historical Park, established in 1948, ensured its preservation when surrounding blocks were cleared. This survival makes the Exchange one of the few remaining examples of Philadelphia's early commercial architecture, a physical reminder of the city's importance before New York's ascendancy. The National Park Service maintains the building, though it has limited public access.<ref name="webster"/> The building's current setting within the park differs dramatically from its original context. Where dense commercial development once surrounded the Exchange, open parkland now provides clear views of a building designed for tight urban conditions. This isolation alters the building's presence, making it appear more monumental than it seemed when wedged among neighboring structures. The park setting preserves the architecture but cannot recreate the bustling commercial environment that gave the building meaning.<ref name="gallery"/>
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