Water Tower Place is a large urban, mixed-use development comprising a 758,000 sq ft (70,400 m2) shopping mall in a 74-story skyscraper in Chicago, Illinois, United States. The mall is located at 835 North Michigan Avenue, along the Magnificent Mile. It is named after the nearby Chicago Water Tower, and is owned by affiliates of Brookfield Property Partners. As reported by the Chicago Suntimes, Brookfield Property Partners handed the keys to the project back to their lender, MetLife, owing to numerous retail vacancies following the closing of Macy's and the impact of COVID and increasing crime along the Magnificent Mile.
Water Tower Place (its mall on the left and skyscraper on the right) with Chicago Avenue Pumping Station in the foreground and 875 North Michigan Avenue in the background
Water Tower Place skyscraper
The Water Tower Place shopping mall at the base of the skyscraper, with Chicago Avenue Pumping Station in foreground
The mall in the Water Tower Place has eight levels of shops.
A shopping mall is a large indoor shopping center, usually anchored by department stores. The term mall originally meant a pedestrian promenade with shops along it, but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming increasingly commonplace. In the United Kingdom and other countries, shopping malls may be called shopping centers.
The Mall of America in Bloomington, Minnesota, the largest mall in the United States
The interior of Garden State Plaza megamall in Paramus, Bergen County, New Jersey, the borough with the world's highest concentration of shopping malls
The interior structure of Mall of Tripla in Helsinki, Finland
The Burlington Arcade in London, with shop fronts inside (pictured), opened in 1819
