Paradeplatz

Zürich, Switzerland

Paradeplatz

8.6

Paradeplatz is a square on Bahnhofstrasse in downtown Zürich, Switzerland. It is one of the most expensive pieces of real estate in Switzerland and has become synonymous with wealth and the Swiss banks, being the location of the headquarters of both UBS and Credit Suisse. It is surrounded by four blocks of buildings.

The site of the square lay without the medieval city walls, and was incorporated into the town with the construction of the new ramparts in 1642. During the 17th century, it served as a livestock market, known as Säumärt ("pig market"), renamed to Neumarkt ("new market") in 1819 and finally to its current name following the construction of Bahnhofstrasse (1865).

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