Exchange Place is a modern skyscraper located at the block of 43–53 State Street or 1 Exchange Place, between Congress and Kilby Streets, in the Financial District of Boston, Massachusetts. Built in 1981–1985, it is tied for Boston's 17th tallest building, standing 510 feet (155 m) tall, and containing 40 floors. The glass tower portion rises out of a previous building, the 12-story Boston Stock Exchange, built in 1889–1891 and designed by Peabody and Stearns. The intent was to demolish the older building in order to construct the skyscraper, but preservationists succeeded in rescuing a portion of the Stock Exchange's facade.

State station is an underground Massachusetts Bay Transportation Authority (MBTA) rapid transit station located in downtown Boston, Massachusetts. It is the transfer point between the Orange Line and the Blue Line, and one of four "hub stations" on the MBTA subway system. The Orange Line has two side platforms on two levels, while the Blue Line has two side platforms on a single level. The station is fully accessible.