Matches in DBpedia 2016-04 for { <http://wikidata.dbpedia.org/resource/Q3314274> ?p ?o }
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- Q3314274 abstract "The Square Mile (French: Le Mille Carré, and also known as the Golden Square Mile) is the nostalgic name given to an urban neighbourhood developed principally between 1850 and 1930 at the foot of Mount Royal, in the west-central section of downtown Montreal, Canada. During that period, those who lived there, and Montrealers alike, referred to the area as 'Uptown' or 'New Town'. It was only from the 1930s that Montrealers began to refer to it as the "Square Mile". The addition of 'Golden' was coined by Montreal journalist Charlie Lazarus and has connections to more contemporary real-estate developments.From the 1790s, the anglophone business leaders of Montreal, who included and succeeded the men of the Beaver Club, started to look beyond Old Montreal for spacious sites on which to build their country homes. They developed the farmland of the slopes of Mount Royal north of Sherbrooke Street, then nothing more than a quiet country lane. The mansions they built there came to represent a period of prosperity when Canada was at its economic peak and Montreal was its unrivalled cultural and financial capital.The owners and operators of the overwhelming majority of Canadian rail, shipping, timber, mining, fur and banking industries consisted of a small group of about fifty men who called the Square Mile 'home'. From about 1870 to 1900, 70% of all wealth in Canada was held by this small group. By 1900, the Bank of Montreal's assets and transactions were equal to any of its counterparts on the New York Stock Exchange, and those assets were twice that of the Bank's nearest Canadian competitor.The Square Mile was a neighbourhood of architectural audacity never before seen in Canada. But, by 1930, following the Great Depression, and with the dawn of the automobile and a demand for more heat-efficient houses, the younger generations of the families that had built these homes largely left and headed for Westmount. During the Quiet Revolution, the businesses created in Montreal, on whose fortunes the Square Mile had been built, uprooted and moved to Toronto. In this period, demolition of the former grand houses reached its peak. The face of the Square Mile was changed irreversibly, catalyzing the formation of Heritage Montreal to preserve architecture in the city. Vestiges remain, but the neighbourhood's life, grandeur and elegance have long since disappeared.By 1983, only 30% of the mansions in the northern half of the Square Mile had survived demolition; and only 5% survived south of Sherbrooke Street. Those remaining, which were once framed by tree-lined streets and avenues, are today mostly owned by McGill University. These structures are found interspersed on tree-less streets, dwarfed by concrete tower blocks.".
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