The Magnificent Mile is ‘not invincible.’ Water Tower Place faces its biggest challenge since the North Michigan Avenue mall opened.

News Room

Almost a half-century after opening on North Michigan Avenue, the Water Tower Place mall faces its greatest challenge. How effectively the massive shopping center can repurpose more than 300,000 square feet soon to be vacated by Macy’s — amid a pandemic that has devastated the retail industry, no less — will help determine the health of the Magnificent Mile as a whole.

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