Paternoster Square

Paternoster Square

Paternoster Square, redeveloped in 2003, is near St Paul's Cathedral.
Namesake	Paternoster Row
Type	Urban development
Owner	Mitsubishi Estate
Coordinates	51°30′53″N 0°5′58″W / 51.51472°N 0.09944°W / 51.51472; -0.09944
Other
Known for	Location of the London Stock Exchange
Website	www.paternosterlondon.co.uk

Paternoster Square is a former historic square, renamed from Newgate Market c. 1872,^[1] and now a post-war urban redevelopment, owned by the Mitsubishi Estate, next to St Paul's Cathedral in the City of London. The area, previously named Paternoster Row, after the street of the same name, once centre of the London publishing trade, was devastated by aerial bombardment in The Blitz during World War II. It is now the location of the London Stock Exchange which relocated there from Threadneedle Street in 2004. It is also the location of investment banks such as Goldman Sachs, Merrill and Nomura Securities, and of fund manager Fidelity Investments. The square itself, i.e. the plaza, is privately owned public space. In 2004, Christopher Wren's 1669 Temple Bar Gate was re-erected here as an entrance way to the plaza.

The square is near the top of a modest rise known as Ludgate Hill, formerly one of the two highest points in the City of London. It is characterised by its pedestrianisation and colonnades.