Paradeplatz

Paradeplatz

Paradeplatz, 2007, looking east towards Hotel Baur en Ville
Location within the Canton of Zürich
Type	tramway, pedestrian
Location	Zürich, Switzerland
Coordinates	47°22′11″N 8°32′20″E / 47.3697°N 8.5389°E / 47.3697; 8.5389

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 once lay outside of 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"). In 1819 it was renamed Neumarkt ("new market"). In 1865, following the construction of Bahnhofstrasse, it received its current name.^[1]

Paradeplatz is one of the main nodal points of the Zürich tram network, and the stop is served by lines 2, 6, 7, 8, 9, 11, 13, and 17.

Paradeplatz was the scene of clashes between insurgents and cantonal troops during the 1839 Züriputsch.

The first horse-drawn trams circulated in 1882 and were electrified in 1896.