Water Tower Place

Water Tower Place
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
Map
Location835 Michigan Ave., Chicago, Illinois, U.S.
Opening date1976; 48 years ago (1976)
ManagementBrookfield Properties Retail Group
OwnerBrookfield Properties Retail Group (retail space)
Brookfield Property Partners (skyscraper portion)
ArchitectEdward D. Dart
No. of stores and services104[1]
No. of anchor tenants0
Total retail floor area729,000 square feet (67,726.3 m2)[1]
No. of floors74 in skyscraper, 7 in mall, 3 in American Girl, 8 in former Macy's
Public transit accessChicago "L":
at Chicago
Water Tower Place skyscraper
The Water Tower Place shopping mall at the base of the skyscraper, with Chicago Avenue Pumping Station in foreground

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 Sun-Times,[2] 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 the COVID-19 pandemic and increasing crime along the Magnificent Mile.

  1. ^ a b "Water Tower Place". Brookfield Properties Retail Group.
  2. ^ "Water Tower Place owner gives up the property". Chicago Sun-Times. 2022-04-06. Retrieved 2022-10-10.